Speaking of trends….No doubt the long-term trend in rates is down.  In the chart below, rates have rallied along a falling support line.

Click on chart to enlarge

This long-term yield chart,  would suggest to harvest positions, since yields are on support ( prices would be up against resistance). 

For those that feel rates could push higher due to this pattern, picking up some TBF (inverse bond etf) would be a good idea, with a 4% stop.

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past