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home / news releases / TLT - TLT Appears To Be Breaking Out

TLT - TLT Appears To Be Breaking Out

iShares 20+ Year Treasury Bond ETF

2024-06-17 15:27:22 ET

Summary

  • Bullish evidence from technical analysis and fundamental reasons suggest bonds are poised for gains as the economy slows and the Fed leans towards cuts.
  • TLT is a good fund to position for the rally due to its position on the yield curve and high duration.
  • The rally should surpass $100 and could reach $109 at the 2023 high.

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For further details see:

TLT Appears To Be Breaking Out
Stock Information
Company Name: iShares 20+ Year Treasury Bond ETF
Stock Symbol: TLT
Market: NASDAQ
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