It's coming ! Long term US treasury bills are going to collapse ! But when ?
Based on this long term chart of the 30 year tresury yields you can see the formation of this falling wedge.
I suspect we get a final low in 2013 and then the start of the rise from 2% up to 5.5% sometime in late 2015, early 2016.
This will lead to another big downleg in US housing prices, with yields rocketing higher..
So if you are trying to bottom fish housing, i suggest waiting another 3 years.