The commitment of traders report shows Treasury bears are record short 10-year Treasury futures. They will cover.
The Treasury bears will cover, but at what price? That's an unknown, but we can see when the bears increased their bets. And with that we can check gains for someone who held on.
10-Year Treasury Yields
That's one hell of a lot of bearish sentiment with virtually no price action.
Gundlach on Bonds
Final Leg With Record Short Position