20+ Year Treasury Bond Bullish
This is a news story, published by Yahoo Finance, that relates primarily to TLT news.
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Year Treasury BondYahoo Finance
•BlackRock, Inc. (BLK) Stock Forecasts
65% Informative
The iShares 20+ Year Treasury Bond ( TLT $ 97.53 ) continues to trace out what appears to be a bullish pennant formation.
Price action along the entire yield curve has been subdued of late as the market awaits additional data before its next move.
COT data toward the two-, five-, and 10-year Treasuries are all bullish -- with the smart-money commercial hedgers net bullish their futures positions by a large margin.
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