Bonds: 10-12% further downside?
Based on the TLT pattern shown here, bonds may have much further below to go.
They've continued to steadily sell off as rates have continued climbing, and show no signs of a long-term bounce.
Target 1 has been breached, leaving target 2 in the crosshairs: $86-87.
They've continued to steadily sell off as rates have continued climbing, and show no signs of a long-term bounce.
Target 1 has been breached, leaving target 2 in the crosshairs: $86-87.
Trade attivo
TLT down another 2% to $98 post CPI print. The grind down continues...
Trade attivo
News lows today...Trade attivo
New lows again: $97.04Trade attivo
Another day, another new low: $96.46Trade attivo
Now $95.57Trade attivo
Now $92.83Trade attivo
Now $91.90
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