Loading ...Interest Rates (Long Bond) Look Like They May Have Peaked
– at least for now. Reprieve for the PMs?
A TLT bottom is not confirmed of course, but even if it only stops falling would be a positive for the PMs.
TLT – Daily
$TNX – Daily (Ten year US Treasury Yield Index)
Reprieve yes, topped? No.
I have TBT on a weekly btfd setup. So be careful.
This also suggests my calls for dollar topping continue to be premature.
That setup still looks decent, but nothing doing so far.