Waiting for the paint to dry...

A very mature bull market in long-term U.S. Treasury Bonds exists. While deflation reigns, this bull market is unlikely to significantly break down. However, if this chart of long term U.S. 30 year bond prices ($USB) makes a significant turn downward, that means inflation is about to rear its ugly head.When bond prices go down, the percent yield goes up. When the bond market is anticipating