The bond market continues its march towards 3% yield in the price action as we made a new daily low in the 10 year. At this point its a matter of when the bond market sell off will take us to 3%, not if. With a slew of economic and central banking data being released this week, its highly likely that we get there sooner rather than later. Next target in the price for the 10 year treasury market is at 117.60.