Bond Bulls Not Done Yet

The Bond bulls aren’t giving up just yet  – trying to re-take the 2014 uptrend.  From today’s Report:

“The 30 year Treasury is now below the 2014 uptrend, but before getting outright bearish short term, I’ll want to see it close a few more times below that support level—as this 2014 rally deserves the benefit of the doubt. “