Why would they be doing that? Well, part of what was driving Treasury prices was that they traded in sympathy to "risk assets" in Europe. But now, for the first time in a long time, Europe seems to be getting its act in gear. Fears of a deflationary spiral in Europe are easing. Retail sales in Germany almost tripled in January.
So, with Europe improving, less people are rushing into US Treasuries for safety. You can see how the iShares 20-year Treasury Bond Fund tried to rally off a trend line, and now seems to be falling again?
So what's an investor to do? Well, the ProShares UltraShort 20-year Treasury Fund (TBT) goes in the opposite direction of Treasuries. In fact, it's a leveraged fund.
Just an idea for this Wednesday. Do your own due diligence, and don't buy something just because a guy on the Internet says it's a good idea.
Good luck and good trades.