TradingView
WaisTrades
May 12, 2021 11:05 PM

Long Term Bond Prices Falling Short

iShares 20+ Year Treasury Bond ETFNASDAQ

Description

We have break out of what appears to be a bear flag on TLT today. Next level of support after this break up appears to be around $128 and $122.

CPI report today confirms fears of inflation, thus bonds prices will fall and yields will rise.
Comments
coldfire007
is this still in play?
More