 In today's trend watching, the charts on the 10-year note are starting to look like interest rates could move notably lower. Now, we've gotten some friendly comments from Federal Reserve Chair Jay Powell yesterday, who suggested that keeping rates too high for too long could unnecessarily damage the economy, although he only noted modest improvement on inflation, which did not open the door to an immediate rate cut. And yet we've seen a series of lower lows in the 10-year note yield. Going back to May, it peaked out at 4%, 7%.