Bonds: 10-12% further downside?
Updated
Based on the TLT pattern shown here, bonds may have much further below to go.
They've continued to steadily sell off as rates have continued climbing, and show no signs of a long-term bounce.
Target 1 has been breached, leaving target 2 in the crosshairs: $86-87.
They've continued to steadily sell off as rates have continued climbing, and show no signs of a long-term bounce.
Target 1 has been breached, leaving target 2 in the crosshairs: $86-87.
Trade active
TLT down another 2% to $98 post CPI print. The grind down continues...
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News lows today...Trade active
New lows again: $97.04Trade active
Another day, another new low: $96.46Trade active
Now $95.57Trade active
Now $92.83Trade active
Now $91.90
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