As long as the TLT remains “stuck” below the 200 day moving average, watch out!. I have been watching aggressive offers in the last week. If you are leveraged long the long bond (i.e. banks) you need a head examination. Going short. Target is recent low at 88.50 and below that, who knows. Stop out above TLT 97-97.50. Gov’t has reached their credit card limit.
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