APosner
Long

Treasuries are going to rally

BATS:TLT   ISHARES 20+ YEAR TREASURY BOND ETF
65 0 0
I have been long on Treasuries ( TLT             ) for a few weeks now and the case to be long keeps getting better. After a deep selloff and a disruptive battle over the debt ceiling TLT             has been basing and moving higher. As of this writing the 10-year treasury is yielding 2.61%. I believe we'll see below 2.5% soon and as low as 2.2% possibly. Much of the rise in yields has been driven by the "taper" talk. Doves such as Fed Bank of Chicago president Charlie Evans is looking for reasons to postpone any tapering.

With no inflation in the government statistics and a dovish Fed staying dovish with the appointment of Janet Yellen the "tapering" will continue to be postponed. See the chart.
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out