Shown : 1 Month performance comparison between $TLT ( US LT bonds) and two LT corp Bond ETFs $VCLT $HYG.
I imagine many people switched to corporate bonds over the years because the yield on Gov Bonds was just way to low for them and instead of trying to adjust lifestyles we prefer to take more risks. So to some, it might be a surprise that these Corporate bonds...
US 10 year bonds is trading within a triangle pattern on a daily.
on 4H we have a perfect match of a harmonic bearish abcd pattern and a falling resistance line of the triangle.
based on this analysis I believe that the market will drop from the underlined area!
target levels are based on a horizontal structure and the triangle's support!
Really like the look of this, everything matching up perfectly. Unfortunately I'm not able to trade this with my broker, but for those who can, put this on your watchlist.
Let me warn you now, this is not a fundamental or technical analysis based trade. This is a speculation on my behalf based on a simple theory.
As the US Federal Reserve continues to rise interest rates up to 3x this year, is it time that a true bear market in fixed income has come to fruition? Are the "safe" government bonds becoming one of the worst asset...
