The U.S. Treasury bond and notes futures market bulls have run into a buzz saw the past couple weeks. See on the daily bar chart for December T-Bond futures that prices are in a solid downtrend and have hit a two-month low. Ideas of better world economic growth prospects and major central banks tightening their monetary policies in the near futures have helped to sink the U.S. Treasury markets. It’s likely going to take a geopolitical scare to ignite a U.S. Treasury market rally via flight-to-quality demand. Stay tuned!–Jim
