Loading ...And PAY NO ATTENTION to the bogus chart that the imbeciles at ZH keep putting up that says the Treasury market is short by a record amount. See the CFTC Commitment of Traders report that is an actual weekly compilation of net positions in Treasury futures. That Report shows the market to actually be LONG right now, which confirms that yields still need to go higher before they can go lower. Once THAT Report shows a large short net short Treasury futures position among traders, the market will be ripe for a big rally.