Tuesday, April 3, 2012

Bonds/Interest Rates and TBT

TBT - the ultra short 20 year bond ETF, a few weeks ago I stated to watch for a retracement in TBT and to look for support at the lower trendline i.e. look for previous resistance to now act as support on a re-test.  Logically TBT rallied nicely off the trendline and provided a low risk long for our members

$TNX 10 year Treasury yield

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