TMF - TLT And TMF: A Timely Tandem For The Bond Market
2024-06-05 09:18:19 ET
Summary
- Long-term treasuries are attractive due to structural economic challenges and signs of inflation relief.
- Recent negative macro surprises have added fuel to the bull case, while the technical picture has improved.
- Factors such as declining real-time inflation, a decline in crude oil prices, and double relief from the Federal Reserve and US Treasury support a bullish view on long-term bonds.
- TLT and TMF are my favourite instruments to play this theme.
I have recently shared a bullish view on long-term treasuries and explained why I believe the iShares 20+ Year Treasury Bond ETF ( TLT ) is an attractive instrument to play this theme, in my opinion....
TLT And TMF: A Timely Tandem For The Bond Market