Bought some tlt to dca as I believe treasury yields are topping. I doubt the US10y will go above 4.5%. The fed has already begun rate cuts I don't think that they will raise rates again unless inflation rises out of control. The fed is projected to cut another quarter percent in the next meeting which is bullish for the tlt
Side | Price | Realized P&L |
---|---|---|
Buy Open | 90.20 | +0.30% Holding |
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
short tern bonds are more attractive now.. making short tern yields lesser in time. Yield gap will widen