Monday, May 23, 2011

Our TMF Trade

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%

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