So far I can't find an industry group that hasn't been taken down except for treasuries.
Here's TLT long 20+ year T-bond ETF. There was no positive divergence in TLT showing that the market is reacting purely to developments out of Greece. This is starting to feel a lot more like Lehman Brothers.
Is interest rates about to start going up?
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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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