The bond market saw notable activity on October 14, 2024, with the iShares 20+ Year Treasury Bond ETF ($TLT) experiencing significant trades. Initially trading down by 0.4%, $TLT rebounded to close the day in positive territory, reaching its high of the day (HoD). Key trades included a January $95/$97/$99 call butterfly trading 8500X17,000 and a block of 5000 November 1st $93.5 puts sold to open at 1.30. The positive close has raised questions about whether the recent sell-off is over.