Bill there use to be a Bond trader on this forum a few years ago, All he did was trade in the direction of what he thought was good fundaments for the Bonds. He was wrong at lest 85-90% of the time. He lost more money trying to follow the fundamentals.
I was always trading against his trades and beat him hands down. These were real trades. I am only mentioning this because the Bonds has a tendency not to follow through with fundament changes. I still believe we have some more room for lower prices, Now I can be wrong and have been before. Only time will tell.