by Rick Ackerman
RickAckerman.com
T-Bond futures are closing on a 177^23 rally target that looks likely to cap their spectacular surge of late, a least for a while.
But the rally is far from over, for reasons explicitly detailed in today’s tout for TYX, a CBOE vehicle that tracks interests rates on the 30-Year Bond.
Check out the analysis for TYX below — and be prepared for a shocker if you think that, even below 2%, long-term rates would necessarily be near a major bottom.