We've been following along the bullish behavior, especially in 20+ year treasury ETFs, such as TLT and the leveraged long TMF.
While there's still the possibility of a nasty shakeout in TMF, it's certainly performing well this morning. We're going to have to consider the many possibilities outside of the obvious as to why Treasuries are behaving as they are.
Up 1.81%
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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