The us debt is 18 trillion$ and going up:
Bonds started to have negative yields, meaning they will go down hard.
Best explanation of current "35 year bond market" described by thestreet here:
To quote something from this^^ article:
" The bond market is now over $100 trillion in size. The large banks have used a small portion of this (under 10%) as collateral to generate over $551 trillion in derivatives.
The bubble is so massive, that the Treasury department had survival kits delivered to the large banks around the country in anticipation of a crisis. "
Needless to say, weekly chart says indicators, but this is faaar from having anything to do with charts...
With current geopolitical situation, governments might fail/bankrupt anytime and therefore all of that high bond price will soon go to zero. If not, then the party continues...
This is bond yields/futures relationship:
When you have negative yields, those bonds should go way below current price.