In the grand scheme of things (since 1955), it's still well below normal.
Upside major resistance levels/targets are 2.00% and 3.00%...but a drop and hold below 1.50% could see it return to 1.00%.
We may see it consolidate for awhile before its trend becomes clearer, but currently, momentum favours buyers.
Keep an eye on the short-to-medium-term movements of the DX and the XLF for clues, as I've described here and here. A rising US dollar and a falling Financials sector may see buyers continue to support the US10YT.
