Bonds showing signs of a serious risk off scenario

The rapid decent of Bonds from 129 was telling. Yet while most think that we have reached the bottom there are indications that this is not the case.
WE are currently here:

ZB is making a retracement, I think we can see a price rebalancing up to 120'22
The potential Highs at 121'31 will lure Buyers, yet a rejection of these levels will have serious indication that investors are in for a rough patch, yields will be higher on the bright side. 🤷🏻‍♂️

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Without the juice to even get a slight leg up this worries me the most

My Bearish inclinations are getting stronger

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If you went long this Monday then well played.
Expecting a bit of consolidation tomorrow
Looking for Bearish confirmation most likely for a Wednesday Morning if Asia does not decide to steal the show once more

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We do know that unfortunately Bonds are heading South.
yet I was hoping for a better bounce than this before we did so...🤷🏻‍♂️

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ZB doing a great job of holding the line here....
notice how everything is consolidating alongside the DXY
👀

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