Here is the thing. Inflation in the US is starting to show. The fed will raise rates next year. Why park money for 30 years? Rates will be high next year and in 10 years rates may be double digits. Don't dismiss double digits, its very possible when you consider how debt ridden we are. The 30 year is one of the worst investments out there imo. In 30 years bond holders will be lucky if they get 25 cents on the dollar in buying power. With respect to TLT, its even worse than the 30 year bond due to decay, albeit lower than most ETFs.
Whoever shorts bonds here will make money if they don't have an overnight mentality like you do. 30 year paper at 2.20% is beyond insane. Inflation will run higher than that over the 30 years. Crazy to tie up your money for 30 years. Treasury bonds are easy to purchase the TLT is totally unnecessary and a reckless investment considering the above and the fact the ETF charges fees, unlike owning the bond. I'm selling in the money July 15 Calls tomorrow.
A dire situation is total nonsense. Cameco can open the spigots faster and cheaper than all. They'll make more money next year than this year and they are doing it while U is in the dumpster. Shorting makes no sense to me.