Wriiight

Ultrashort Lehman 20+ Year Treasury Is Rocking

You say: "the higher this instrument goes - the worse it is for our country."

If the treasury coupons are just steepening (the lower maturities stay low) than it isn't catastrophic, the US will still have cheap financing for a while longer. Also, the long term rates are crazy low, and I don't see why having long term treasury yeilds up to 6 or so is a disaster. On the other hand it also makes non-government long term bonds less likely to come back from the crisis.

At the very least be happy that you aren't yourself pushing the bond yields up, the volume on the real thing is way to high for the ETF to have any real effect on the market.