Thanks for the nice article. Couldn’t it be that since June 21 (start of the spike in your chart) money has been allocated to TLT because it’s been down 30% since then? Even the early 2000 lows are around 85, it’s fair to say that TLT has been punished quite a bit and that it doesn’t really look like there is a huge potential to go for a…
Thanks for the nice article. Couldn’t it be that since June 21 (start of the spike in your chart) money has been allocated to TLT because it’s been down 30% since then? Even the early 2000 lows are around 85, it’s fair to say that TLT has been punished quite a bit and that it doesn’t really look like there is a huge potential to go for a short at this point. Rates can stay high for longer that’s likely but it’s a different setup if you just watch it from the sidelines than entering a short at this time. What are your thoughts on this ?
TLT is really interesting. Its a constant maturity ETF - so it is constantly buying long dated bonds, and selling them when they become short dated... so unlike a normal treasury, it does not have a "pull to par" benefit. I need to crunch the numbers, but I suspect TLT can fall and fall and fall....
Thanks for the nice article. Couldn’t it be that since June 21 (start of the spike in your chart) money has been allocated to TLT because it’s been down 30% since then? Even the early 2000 lows are around 85, it’s fair to say that TLT has been punished quite a bit and that it doesn’t really look like there is a huge potential to go for a short at this point. Rates can stay high for longer that’s likely but it’s a different setup if you just watch it from the sidelines than entering a short at this time. What are your thoughts on this ?
Much appreciated.
TLT is really interesting. Its a constant maturity ETF - so it is constantly buying long dated bonds, and selling them when they become short dated... so unlike a normal treasury, it does not have a "pull to par" benefit. I need to crunch the numbers, but I suspect TLT can fall and fall and fall....