TLT 20y treasury bonds is down 50% from highs. I call this chart "The Wall of Jerome". Descending RED wall clearly shows the overhead resistance.
Once the United States starts it's interest rate cutting cycle, this wall breaks.
I think we're getting there, slowly, but surely.
Once the United States starts it's interest rate cutting cycle, this wall breaks.
I think we're getting there, slowly, but surely.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.