Long term Treasuries to benefit?

A commodity correction conveniently may cajole some of the herd into the bond.  You know, the mechanism most needed for future inflationary policy?  I am tempted to take a trade in this or IEF, now that our upside target on the long bond (4.45%) has been exceeded.  Dunno, not sure yet, but a bullish MACD divergence was registered in December.