here is for all you bond traders. should be a rally in bonds according to this indicator.
this is more a short term indicator(months) not so much about the long term trend. (not about what will happen over many years).
I don't follow bonds but this is an amazing bull:/uptrend from your source:
However, we are getting extreme to one side, which can be heavy ammo to go the other way, if signs of a reversal in trend pop up:
courtesy of Software North, 11/6/20
Like Champion I have been waiting for interest rates to start higher been watching for years for a signal to be long rates (short bonds and bills) still waiting. I think Champion might have gone broke trying to trade to long rates.