It certainly has been an interesting ride for TLT holders--bumping along down--floating up to or above the 50 day moving average and then falling a little more. Now we even have what looks like a reverse head and shoulders on TLT--talk about giving the holders hope!!--stay tuned.
In other related news, i read somewhere, that from these levels the 10 year note would go up a whoping 17%, if it got to a zero yield. I suppose everyone in TIP can take heart that they aren't so rudely limited by mathematical probablities--just by what the guv tells us inflation is, if you believe.