Rate Cuts Creeping into Treasuries

$TLT

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.