Higher Interest Rates Not Expected in Longer Term Bonds
The TLT includes US Bonds maturing between 20 and 30 years. The TLT chart shows no fear of the US FED raising rates. It looks strong and higher prices should be expected in the months ahead. Higher prices means lower average bond yield or lower interest rates are expected. Simply the folks supporting the TLT price do not believe the FED is on a long term rate hike plan.
The chart below is showing off RTT NetVolume tools.(RTT = readtheticker)
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