MacroThinking

Long-term Treasury bonds at important juncture

AMEX:TLT   ISHARES 20+ YEAR TREASURY BOND E
This important indicator reflects many things including the steepness of the interest rate curve, and should fail to hold the current uptrend if the economy continues to improve as anticipated. However, longer-term price action still shows uncertainty about this scenario. Expect volatility in the near-term until further economic data confirms.
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