Treasurys are turning around (TLT, TBT)

US Treasurys have been getting destroyed since it became clear Donald Trump would become the 45th president of the United States. Heavy selling ran yields at the long end of the curve up about 50 basis points off of their election night lows as traders began to price in the potential return of inflation as a result of Trump's plan to cut taxes and rebuild US infrastructure. However, after screaming higher overnight and ahead of the US session, yields are showing signs of a re