After months of forming the pattern, bonds (TLT) finally broke support today. It’s a clean little H&S pattern.
Bonds Away!
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Bond Watch
The TLT is an interesting little pattern worth watching. It has been range-bound for many weeks.
Interest Rate Chasm
Looking at SlopeCharts, which has access to thousands of different economic data time series, it’s mesmerizing to see how interest rates are in a Felix Baumgartner-style freefall……….
Secret Agent ETF Reveals Potential Clue to Next Move for Treasuries (by Moneymiser21)
While COVID-19 shut down movie production around the world, and delayed the release of the upcoming 25th official James Bond film…
The virus panic and response to it created a new secret agent.
Bond… SHY Bond.
(more…)The Fate of Rates
After Thursday afternoon’s love-fest of optimism, equities went exploding higher and bonds got smashed (magenta tinted area, below). Ever since last night, however, bonds have valiantly fought their way back:
