I believe that the entire Treasury Bond strip is due for a strong continuation of the drop that commenced early this year.

30-year Treasuries climbed to over 172 and have dropped to 151 since then (front month futures).

And the last 6 months we've seen the end-of-month futures close BELOW the Exponential Moving Average, which I believe portends a bearish tilt in this marketplace (among other technical and fundamental reasons why). I think the specter of the Fed raising rates is upon us and they need to maintain credibility as we forge ahead in the coming months, which is hawkish rates IMO.

There's also this:

https://www.barchart.com/#/news/3087772/fed-debating-when-to-unwind-45-trillion-in-bond-holdings

And this:
http://www.marketwatch.com/story/speculators-are-betting-on-10-year-treasurys-like-its-2008-2017-05-15

Yes, I believe that Bonds will drop perhaps 10 handles to 140 or even 130 if this thing really gets wild in the coming months (by year's end). I am not predicting where it will go after it hits 145 or 140 or possibly 130, but I do believe that we will see a strong move down in the coming months in the entire Treasury strip as yields should pop nicely the 2nd half of this year IMO.

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Disclaimer:
THERE IS SUBSTANTIAL RISK IN THE MARKETS. TRADE WITH RISK CAPITAL ONLY. PAST PERFORMANCE DOES NOT NECESSARILY INDICATE FUTURE RESULTS.