Coming In Hot

Coming In Hot

Average hourly earnings climbed 2.9% in August from a year earlier, the fastest wage growth over the course of this economic expansion. Rollbacks matter… Bonds are weak across the board on the employment/wage news.  The major treasury ETF’s, including TLT,...
The Long End Continues To Hold Major Support

The Long End Continues To Hold Major Support

The TLT(20+ Year Treasury Bond Fund)has been under intense pressure this week.  The index began to weaken on Monday before getting slammed yesterday.  This high volume breakdown drove the TLT back down to a major support zone that has held up extremely well over the...