ARL chart, page-1616

I wonder if ARL has had more/less gaps than is usual over time? Perhaps someone could show us its past behaviour compared to broader market norms?

Anyway- here is the last few days of bond yield rates.
It’s not presented as a chart but we can easily imagine it as such, just one with the lines etc taken out:


Still miles away from the 2.8-3.12% range I like but oh well. At least the bleeding has stopped.

Tie a real world event to it? For me it would have to be China reaching out regarding agricultural products from the US. China’s historical Achilles heel- food- was always going to be where they would give ground first.