The Day Ahead: PM Edition 2022-10-20
Bonds still under pressure but should be late in the decline
Bonds
Before getting to the daily bond chart, how about two monthly charts that I have posted to twitter recently. First, TLT, the long duration bond ETF. In previous iterations of this chart, I had applied a Schiff channel, but here I fell back to the standard Andrews’ Pitchfork. Poking under the 95.50 target now but near the bottom of the channel.
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