10-Year is heading to 2.10 on two year chart and in text two weeks. That's a 20% move up for us.
Wilbur Ross is right and it is only mutual funds with huge in-flows due to the market running up and people chasing returns that are holding this bond market together. We will explode up, but 20% is good for a few weeks. What do you think rates are going to 1% and you will make a killing, you can't convince anyone who can move this stock of that, so just keep quiet and loose your #$%$.