$TLT, the iShares 20+ Year Treasury Bond ETF, has surged to its highest price since December, reaching above $90 for the first time since December 17. This marks a significant rebound from its January levels of $85, coinciding with a decline in the 30-year Treasury bond yield from just below 5.00% to 4.65%. Goldman Sachs reports that short interest in $TLT is near century-high levels. Additionally, a large buyer has acquired 10,000 April 30th $91 call options at $2.04, while the March 31st $90 calls have adjusted after being up 75% since 1/8, indicating confidence in further price increases.