Well, 2014 was a BOND year.
TLT has an impressive return of 32%, while TYX and TNX each had a near -40% in return (it is not a lose if you are on the short side :-)
Since i have only 1% knowledge on bond, i am not going to talk about FUNDAMENTAL here. It will be solely on technical
To simplify thing, i use a line chart. TLT is showing me that it is about to touch the resistance line from 2009.
For TYX, price had broken down of triple support since 2009, economist will be dead wrong again to speculate that Yellen will increase interest rate in 2015 perhaps.
While TNX is about to retest the support back in mid 2012.
Moving ahead, what i think of doing would be to Long TYX & TNX and short TLT
TIP will sit at my reserve list as the chart is pretty boring.
Disclaimer: Please verify using your own method, this chart is solely an educational purpose