Bonds Ready To Fall?
Treasury bonds have been in a bear market for an incredible 27 months. One might think that’s enough, but I’m not so sure. Take a look at TLT, which is sporting a very clear price gap:
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With the minutes today, and the jobs report on Friday, it may well be that interest rates heat up again. Take a look at the ultra-short-on-bonds fund TBT, which seems poised for another lift, provided it stays above the green horizontal.
(Click on image to enlarge)
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