In 2014 US Treasury Yields went down because of the final part of the Quantitative Easing, but now that QE is over and funds rates are about to go up, it’s time for this trend to change
This has been a very important chart all along 2014:
Yields went down from 3% to 2.2%, but now we expect a trend reversal.
This has already happened in the past:
However, we must not forget that the primary trend has been negative for a long time, for both of the variables: