The 4.06% midpoint resistance shown in the chart has failed to stop the rate rise begun from 3.60% in September.  The uptrend has been munching through this Hidden Pivot for the last week, clearing the way for a presumptive push to p2=4.29% and possibly to 4.52%. That may be good news for the dollar, but not for those who owe dollars, since repayment will become more difficult in real terms. It is worse than that, actually, since waning inflation will effectively raise the real rate and therefore the burden of all debts incurred in dollars.