“HOLY SH*T: THE FED RESERVE *JUST* BAILED US OUT”
TLT is expected to hold or reclaim the 78-77 level, making it a likely peak-yielding bet.
The reason I say this, and I've talked about this before, is the TLT fund, the average maturity of your 25-year bonds here in Treasury bills, or Treasury bonds, is longer than that.
I think we'll hold at this line, or we'll reclaim this line, the 78-77 line in TLT. So, this would be a likely peak-yielding bet . Now, I'm not saying I'm going to tell you what the Fed said . I'm not saying I'm betting on the TLT fund.