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)

Disclaimer: The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.