From Investing.com: 2024-10-17 02:24:00

Long bonds and interest rates are a hot topic recently due to comments by Trump and the FED. After a big drop in iShares 20+ Year Treasury Bond ETF, the trend may have reversed. TLT’s performance is key for market risk assessment compared to high yield bonds and benchmarks.

The monthly chart shows a potential turn as TLT tries to break above the 23-month moving average. October’s end could be crucial for bond and equity markets. While lower rates benefit certain sectors, fear may also be resurfacing. TLT must surpass recent resistance at 100 to confirm a positive move.

Looking at the Daily chart, TLT recently formed a bottoming pattern but is still underperforming. Real Motion momentum aligns with price action. While the bounce from recent lows is positive, it may not signify a significant turning point. The Economic Modern Family benefits from such market movements.



Read more at Investing.com: Long Bonds Struggle at Key Resistance – What It Means for Market’s Risk Appetite