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CosmicDust
Feb 15, 2017 5:00 PM

TBT monthly - re-testing breakout - 2/15/2017 

ProShares UltraShort Lehman 20 Year TreasuryArca

Description

TBT had a long term breakout last November. Looks like it is working on a re-test. A close about $43 might be a game changer (to confirm the death of bond bull market). It is still too early to make the call.
Comments
dsorchestra90
but TLT simultaneously looks supportive so long as it holds ~119. I think we see rates go lower in the near-term as infrastructure spending and the ultra-long bond issuance still seem to be TBD for the new administration's agenda.
A-shot
that is scary
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