So far today, U.S. treasury yields are pushing back toward the all-time lows seen last week. If this trend continues, it will most likely lead to even lower inflation-adjusted or "real" rates...and this will lead to even higher prices for both CDG and CDS.
Even ZH is already out with a post regarding today's drop in yields. Again, because it's worth repeating, this is the bellwether 10-year US treasury note...and it's yielding just 0.52%. Domo arigato, Mister Powello.