The 30 yr bonds are testing this massively important confluence of technical support that originates back to the release year of the first Wall St movie. Heading into NFP and the next Fed rate hike here’s what’s likely to happen.
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I like your TLT overlay, but I use the GLD overlay. Just another unit to measure.
Hey Barry – I agree and have been overlaying bonds and gold for months now. You’ll find that gold is much stronger relative to bonds since the late Dec ’16 low. It’s pretty interesting really.