Daily Archives: September 9, 2024
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31Jul3:30 pmEST
It May Not Be the Right Cut
Earlier this month I sold out of a long-term short in Treasuries (long TBT, an ETF ultra-short TLT, seen below on the weekly chart; long TBT is basically a bet on higher rates and lower Treasury prices). As I noted with Members, my long-term view is still that the bond market is in serious trouble, but I saw a better entry price coming later...