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.
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TLT down another 2% to $98 post CPI print. The grind down continues...
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News lows today...Trade aktif
New lows again: $97.04Trade aktif
Another day, another new low: $96.46Trade aktif
Now $95.57Trade aktif
Now $92.83Trade aktif
Now $91.90
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