If:
1. The CPI number- which I regard as a fraudulent statistic anyway- was so benign this morning, and
2. The Dow 30 is catching a big bid, and
3. The US dollar lost ground this morning, and
4. Gold caught a bid
Why are Long Bonds looking so fragile??
Btw if TLT breaks below approx. $87 that would be a signal of HIGHER RATES which could cause long term damage in the market IMO.
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