TLT
remains in a strong bearish trend. After breaking through the 93 zone, the bond price rose.
It has not been able to break the first resistance found in the 103.70 zone, and it has another more important resistance in the 110 level.
At the moment I am not going to buy long-term american bonds, and I am still invested in monetary asset investment funds with an average maturity of these assets of less than 90 days.
And what are american fund managers doing?
American fund managers are again massively accumulating short positions against the american bond.