Treasury Yield 10 Years (^TNX) and 20+ year treasury bond etf TLT
This topic may become hot in the coming months, for better tracking, it is better having an independent thread.
- Debt limit pushes to January 2025
- Treasury Department is likely to begin gradually increasing the size of its note and bond auctions , in order to finance higher spending as its tax revenues decline.
After roughly 8 to 9 months consolidations, TLT falls below its important support 97.66, It is heading to a new low. 07 August 2023 - 06:37 PM
imho, the TLT low target zone is 87-81(86.68-81.05), when price approaches the target zone, a fine tuning task is required , Timing wise is not clear yet, anyway, TLT moves in a relative slow fashion, intermixes with up/down swings, so there is no hurry to nail the time window at this moment. August 2023 - 11:13 AM