$TLT - Well we are waiting

TLT saw yet another rejection, but this time it recovered quickly. I expect it to break out soon. 🙏

TLT is slapped around by the Fed, inflation, employment data, Trump’s tariffs, and Doge's push to cut government waste and potential handout of $5000 dividend for all.

Bond traders will eventually give up trying to figure this out.

One thing is clear: The Treasury Secretary and President Trump have stated that they are focused on lowering long-term bond yields. It is in the best interest of the country to lower long-term bond yields to reduce the government’s interest payments.