I think you need to read some news. http://www.lind-waldock.com/education/ewire/701/feature02.shtml I'm short the 10 year too. Good day today.
Thanks for link. Here is what I see - blue and green support. I vote for green line bcause those who are going long now needs to be wiped out ...
Take a look at the Five/Ten, Two/Ten, or Ten/Thirty spreads. The bond market is desperately worried about inflation. Market participants would normally be increasing their duration with expected lowering of rates. Instead, the market is shortening their duration due to expected inflation. I'll be the first one to cut bait if I'm wrong, but there's more going on here than a simple Fed target rate.
Whatever's in those Fed minutes quadrupled my money after the so-called "crazy 'surprise' rate cut". That spike was across the whole yield curve. Perhaps the best contrarian-indicator on EliteTrader is Mr. increasenow!