Can 10-Year Notes (TLT) Recover From This Sell-Off?

NASDAQ:TLT   Ishares 20+ Year Treasury Bond ETF
My answer is most likely. Technically we will see 110.96 hold (GREEN) and make a push higher above 111.26 & 111.72.

Fundamentally, it's likely we have peaked in terms of inflation . Many measures suggest that is the case and sentiment is skewed towards being too bearish on Notes/rates. Certainly a contrarian play, but not just for the sake of being contrarian.


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