Mixed Message In Bonds

Over in bond land where so many good market indicators live, we have a strange situation with the generally risk ‘OFF’ TLT (long-term Treasury) consolidating right along with the very risk ‘ON’ HYG (junk). But TLT is trying to make a little sneak out of its flag today.

Over in bond land where so many good market indicators live, we have a strange situation with the generally risk ‘OFF’ TLT (long-term Treasury) consolidating right along with the very risk ‘ON’ HYG (junk).  But TLT is trying to make a little sneak out of its flag today.

tlt.hyg

 

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