Bond Channel

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US Treasury Bonds (represented by way of TLT, shown below) has succeeded in two important breakouts: the descending trendline (green tint) and the price gap horizontal (yellow tint).

tltbreak

Looking at the 50/100/200 exponential moving averages by themselves, you can see how a positive crossover could be forthcoming in days.

slopechart TLT

The simple fact is that bonds have been in a bullish uptrend channel for four decades, and nothing has broken.

slopechart US