I am not a bond guy

BUT…this ratio is important

TLT ( 10 year bond price ) divided by TIP ( Inflation adjusted bond price)

It is dropping and has broken down from a H and S Top

This means TIP is falling faster than TLT

A Prize to the first who can explain in lay terms if this means Inflation or Deflation ?

All I know is as bonds drop Interest rates rise…so help please