The spread between the 30 year US treasury bond and the 2 year bill has made new lows as the yield curve in the US continues to flatten. Anticipate a pullback at some point, but the curve will likely continue to flatten as investors price in a rate hike despite dovish comments from Bullard at the Fed.
This pullback will be confirmed by a green triangle on the Kovach Reversal Indicator. If you're interested in using this indicator, check out quantguy.net.