Although I haven’t commented much on the bond market lately, there have been some potentially important technical events lately which I will comment on soon.  Today we have some clean breakouts on the key 10 & 30 year Treasury rates ($TNX & $TYX) and conversely, TLT breaking down below it’s key uptrend line.  There have also been some interesting developments in both investment grade & below investment grade (junk) bonds as well as municipals.  More on that later.  Here are the daily charts for $TNX, $TYX, and TLT: