Continued Bond Weakness

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Although the bond market has been falling for 30 months (!!!!!!) it still keeps slipping.

My entry into my TLT puts was fantastic. My exit, while profitable, left plenty of money on the table. We can see here the reversal point by way of the shooting star pattern.

Let’s just all agree that rising interest rates are going to suffocate the U.S. government, and its $31 trillion in debt, quite handily. No wonder they’ve just hired 85,000 armed IRS agents to come get you.