Agree. And it's the long dated 30 year taking the brunt of it. I bought a bit of TMV today just on a gut feeling and seeing market action.
As you say, rising 30 year bond yield combined with economic crapfest would be absolute worse case scenario because mortgage rates etc don't come down as one would expect during recession.
I do wonder if this might be purposeful by some market actors (e.g. China) to prevent Trump from benefiting from rates decreasing...feeling like I've got a bit of a tinfoil hat on here in this last paragraph though.