Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
FYI: As long-dated Treasury yields continue to plummet, their prices have gotten extremely overbought. The ETF that tracks 20+Year Treasuries — TLT — is currently trading above $140/share, which is a new all-time high. At its current price, TLT is just under 3 standard deviations above its 50-day moving average. As shown below, that’s the most overbought it has been in at least a year: Regards, Ted https://www.bespokepremium.com/chart-of-the-day/chart-of-the-day-tlt-hits-high-earth-orbit/
