In the backlink I provided a WC model which suspected that a big rally could soon be coming to interest rates. This is worth keeping an eye on and it could turn out to be very trade-able. Today's move was good for a very respectable 6.4% - not something you normally consider associated with interest rates.
No break out is confirmed yet but if you want to play then something like TBT or DTYS should work. I normally wouldn't play interest rates because they are normally a snooze but with as badly manipulated as they are, the snap back could be strong. Keeping a beach ball underwater takes energy and if you screw up it comes popping to the surface.
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