It could happen. I follow Gross at Pimco alot… back earlier in the spring said he seemed to signal a pullback in bonds… then as recently as last week he was saying they were buying again. As I said earlier he was saying what you were echoing as well which makes sense. Other bond guys are saying that while the bond bull run is not over, it is closer to the end rather then the beginning… but that is still measured in years not months. The data does seem to be on your side with respect to all of the numbers. I bought TBX not long ago but may take my money and run as I agree I think the tnx will pull back and settle out. Not sure if it is gonna run all the way back down to where it was at though. I guess we’ll see.
