I mentioned them earlier, funny how they seem to be pulling in to today's strange market, I said I was expecting them to lose more ground so that's not strange, I'm just trying to figure out hat the angle is here before deciding whether or where to make commitments.
I really don't see IYT as being worth a trade, but I do think it is an important sign post along the way here.
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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