TBT Inverse Treasuries ( Long Dates ) LONG

TBT is shown here on a weekly chart. It transitioned froma downtrend into the present trend

up two years ago with the initiation of the rate hikes to cut down inflation by hitting its knees.

Inflation was the direct result of the money printing and stimulus as part of the federal

response to the complications of covid and lockdowns. Price is now ascending in a broadening

channel ( a megaphone pattern) reflecting increasing volatility as federal action or inaction

gets priced into buying decisions at treasury auctions. As for me, i will continue to build

a TBT position until it is obvious that the fed has launched an active agenda of rate cuts

which will fortify T-bill prices and make TLT the new runner.

Trade ativo:

Rate cut is off the table- oil based inflation will fan the flames of sticky inflation
TBT looking to rise

Comentário:

Comentário:

TBT ready for another long entry now