Short term rates as measured by the IRX (3 month Treasuries) are still flat lined near zero.
Below is a 3 month chart of TLT. Look at the opening print, it's above $120! It's also above the upper Bollinger, so this is worth watching.
Parabolic move? Check out these 5 minute charts... the TNX on left, TLT on the right. Look at the move since yesterday afternoon's FOMC announcment:
