Signs indicate Treasuries could be a bubble about to burst

http://www.usatoday.com/money/perfi/bonds/story/2012-06-12/bond-market-bubble/55555756/1

Who would take that deal? Plenty of people, apparently. The Treasury received $2.90 in bids for every $1 in T-notes it offered.

Treasury yields have been falling since 1981, when the 10-year T-note yielded more than 15%. At current record-low levels — 1.66% — Treasury yields have much more room to rise than fall. Yet investors can't get enough of them.