the last time blogged about TBT was here: https://bartscharts.com/2020/03/08/tbt-buy-no-im-not-crazy/
doing an update as we can see the well defined downtrend that has been in place since, pretty much, inception in 2008.
if you followed some of the other Bond work on the site then you would know our thesis is there is a MAJOR HIGH in bonds (TBT is the inverse) so, we could be, perhaps, looking at the very beginning of a BIG run in TBT.
yes, interest rates to rise and, potentially, rise VERY fast …. hang on.
