When the bond market gets a head of steam, it takes a LOT to stop it. And so far, there's no sign of a let up in the rising yield/falling price trend in Treasuries. 30-year yields jumped another 9 basis points, while September Long Bond futures prices dropped almost a full point. The catalyst today was stronger-than-expected consumer confidence, and a slightly-less-awful than expected existing home sales report. Regardless of the "cause," the effect is simple: Bondholders are losing money fast.