Inflation is the hot topic, deflationists have been told to leave, don't let the door hit you on the way out.
Anytime the weekly RSI on TLT has gotten this oversold we have been at or near a bottom.
Maybe Inflation Nation is getting too crowded and GOLD which follows TLT closely is sniffing this out.
The "Big Short" is buying call options on 3X levered Short Treasury ETFs, what could go wrong?