Rates continued to fall again, falling off of the 4% level. But notice that it came right to the trendline. Just where you WANT TO BUY IT! A strong uptrend like this can't be ignored. The endless supply of new debt has only temporarily stopped but we can expect at least another $100 billion or more of debt to be issued next month and the next month and the next month ...ad infinitum.
Short-term daily size reversal confirms that move might slow down and rates again might rise. I took a position at 3.667%. Want to ride the trend.