Gap up on the TLT 0.00%↑ this morning which now sits just above a flat 200 day. With the sentiment for rate cuts echoing louder, we could be seeing the beginning of a more protracted move higher. I’m watching the price action today, and am constructive on TLT 0.00%↑ for a move towards $100 if it can hold its 200 day this week.
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