“NVDA Earnings Week LIVE with Pro Trader Derrick Oldensmith”
TLT faces bearish pressure from high inflation, potential Fed hikes, and geopolitical escalation raising rates.
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.