If you meant credit bubble in U.S. govmint debt instruments you are sadly mistaken. This is not a credit bubble. It's a rest area before a move to a new 52 week high.

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=tlt&x=54&y=17&time=10&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11

See that area to the right side of that chart for calendar year 2017? When price is moving higher it is considered an "uptrend." Don't EVER try and argue with the market...ever. Do you want to get your face ripped off? :O

The "almighty" dollah is next. It's been telling you of things to come for 5 years now. Now you understand why the gold and silver bugs are always crying and moaning. They are all eitehr too stupid, ignorant, or misinformed about how things happen in a "real" market. Wait'll this thing rocks your world! You will be "begging" Janet Yellen to QE4. Just like Peter Schiff will be.

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=dxy&x=34&y=15&time=12&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11