Just out of interest, and I haven't got a clue from a fundamental point of view, but what's the reason behind the very strong and orderly move up in Bonds/Notes. Basically a straight line up since April with virtually no retracements. Moves like this (orderly/no retracements) aren't too common in my experience. Is it just a prolonged and lazy squeeze where the shorts aren't forced to panic by a quick and volatile move up, ie most of them get forced out on the same few days. This is what I mean by a 'lazy squeeze' where everyday price grinds a touch higher causing a few more buy orders and a general overbalancing of buy orders over sell orders. That looks the reason from a technical standpoint but there might be more to it, hence my post. Any ideas? PS. I'm looking for shorts but not yet as it looks too dangerous. But if we soon get some panic buying, that might be a different matter