BNDX ETF Vanguard US$ Hedged Total Gobal Quality Bonds

Check out the volume that bucketed into this thing during Feb when the stock market reversed it’s December 2018 20% smack down that was triggered by the September 2018 interest rates rise of 25 basis points. The Fed said that it would keep its target range for its benchmark interest rate at 2.25% to 2.5%, then reiterated this range on December 19, 2018.
This represents the ninth increase in the target rate since tightening began in December 2015 – December 2018. Indicating at least not another rate rise in the medium term.
The last full cycle of rate increases occurred between June 2004 and June 2006 as rates steadily rose from 1.00% to 5.25%. in 2 years.

I was calling a Bond market bubble at the first red arrow!!, Which was right for a few months. Then……Not so much!!!!!!!!!!!!!
What would you call it now? A bond market black hole that is sucking all the finances of the world into it!?
Remembering that Bond markets and stock markets traditionally move in different directions.
We have never seen anything like this before as the safety of Bonds compete with desperation for yield and yes Gold and bitcoin have been catalyzing up too.
It’s a new world and know one seems to know what is going to happen next!