Put together a chart to illustrate what happens when government treasury yields converge at the same amount at a market peak.
They consistently roll over and tank.
When yields tank, bonds go up in value.
Looks like a good spot to pick up some TLT.
They consistently roll over and tank.
When yields tank, bonds go up in value.
Looks like a good spot to pick up some TLT.
Comment:
Zooming in on present date, you'll not that we may be seeing the point where yields roll over and head lower.