U.S. T- Bill Yield 91-Day (4.83 percent)

The T-Bill chart is showing a hint of hesitation below important round-number resistance at 5 percent, but so far my unique price momentum models remain strong.

Short term support is in the area of 4.5 percent, but I suspect that we might push through resistance at 5 percent without testing this short term support level.

If long rates continue to pace the steep short rate uptrend, we will soon be saying goodbye to the huge U.S. housing market bubble.