Treasuries selling off

T-Bond yields have bottomed, a major technical reversal.  The markets believe that eco recovery is safe, and that at some point the big buyer of bonds, the Fed, will (at best) stop buying.

Note succession of higher highs and lows, and death cross (since this is the yield, and the price falls as yield rises) where short-term MAV crosses the longer-term one.

Wouldn't be buying bonds now.