It looks like bonds bottomed (at least for a short/average term), indicators suggest more upside. From a fundamental point of view a possible recession sends a signal to bond yelds to go lower that is also a reason for a higher prices of TLT/DTLA
30+ Year USTs forming a clear inverted cup and handle. With stocks pushing upwards this is destined to fall. First target 455.
I'm actually bullish USTs because there is still the election on the way, it's a nice hedge as part of my portfolio but I won't fight the price action here.
In my run of obscure UK listed ETF's today here's one of 20YR+ US Treasuries. Not sure if this count is suggesting weakness in Pound Sterling or strength in Treasuries or a bit of both.....or another option....it's totally wrong.
