U.S. Treasury 10y Yield drifting up in a 3% < 5% yield range

The U.S. Treasury 10y Yield chart does highlight the powerful drift upward to a range between 3% and 5% nominal yield. The increases in CPI and CORE Inflation are going to continue for much longer and with a probability of a 10% CPI Inflation within 2022.
A Yield curve shock among all major Sovereign debt issuers has become more probable, considering the multi-Trillion amounts of Sovereign debt outstanding, the correlated debt roll-over refinancing and high inflation will continue to pressure higher the Yield curve.