as rates keep rising, that risk free rate from the treasury is making international income investors salivate.
5% plus is very competitive against he sp500 earnings yield and very close the to expected return on stocks of 7-10%. and remember a fixed income return is far safer than the expected potential volatility of stocks.
mechanical traders like the Turtle Traders who use rules based systems may be looking at the 55 day price channel and the 200 day moving average.