The U.S. Treasury bond and note futures markets have hit contract lows to start the trading week. Rising bond yields (lower prices) are an indication of rising inflation and interest rates. See on the daily bar chart for March U.S. Treasury note futures that prices are in a solid downtrend. There are no early clues to suggest the price downtrends in T-Notes and T-Bonds will end any time soon. Thus, the path of least resistance for prices will remain sideways to lower for at least the near term. Stay tuned!–Jim