Long Bonds: The Market Rainbow’s Dead-End Photo by JR Lancaster Have the interest rates finally bottomed? If so, will that take the market’s somewhere-over-the-rainbow rally down a dead-end? After closing last week on new all-time highs, this week begins with TLTs (20+ Year Treasury Bonds) closing slightly below Friday’s lows. A healthy correction or the foreshadowing of a coming change in Fed policy? After all, not since July 2014, almost a perfect two-year anniversary, has
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