Bonds And Banks

It has strengthened a bit since I took this screenshot, but I wanted to point out that bonds, by way of the TLT fund, have closed their price gap and look poised to rally (as counter-intuitive as that may seem in a world of ostensibly rising interest rates):

(Click on image to enlarge)

If it does so, I think you can rightfully expect the banks, such as the KBE fund, to roll lower as interest rates shrink.

(Click on image to enlarge)