Is it time for a bond market rebound? Consider the following charts (click for a larger image):
Prices have been falling since the stock market started to rally. This is natural -- money is leaving the more conservative areas of the market and moving into riskier areas. However, also note the volume pick-up over the last few weeks. Is this a "selling climax" -- that is -- the last big move out of Treasuries before a move higher? Also consider...
The MACD has been dropping for some time and has now given a buy signal.