Hot off the wire, once again Fed stimulus raises interest rates and lowers bond prices:
Treasuries fell after the Federal Reserve said it will buy $45 billion a month of U.S. government debt, expanding its asset-purchase program while linking its main interest rate to unemployment and inflation.
Only the Fed can make the price of something fall by purchasing more of it. Ironically, the Fed wants to lower long term interest rates.
But as Bob Dylan once said:
there’s no success like failure