TLT faces bearish pressure from high inflation, potential Fed hikes, and geopolitical escalation raising rates.
Jump to any passage
Uh people are selling down Treasuries really for for two reasons. One, because inflation is high, so they're expecting that at a certain point that the Fed may have to hike in order to tamper down inflation and every time we see further escalation in Iran, further move higher in the price of oil, that is transferring through to the TLT getting hit and and rates moving higher.
And and we saw at the market immediately basically sold the TLT down. We had a we had a big pop in the TLT so interest rates went lower but 2 days later the TLT was all the way back down.
Interest rates were working their way back higher and the market was kind of saying, "You know, this little twist operation here is not enough."
I mean, who who the hell wants to be short the TLT? Who wants to be short the long end on on bonds right now if there's a potential that the US government could step in and buy a trillion dollars worth of them. Uh certainly not me.
What this channel has said about $TLT
T3 Live has only this one call on this stock.