Good analysis. I had been holding off on TLT until $92.40, but in for the long term so what's another 3-5% if I'm in for that duration. The bond market's recent dip is your classic "buy the rumor, sell the news" scenario, IMO. Once we get away further away from the news, which was the Fed's rate cut last month, I'm betting on bond prices resuming their climb.
Good analysis. I had been holding off on TLT until $92.40, but in for the long term so what's another 3-5% if I'm in for that duration. The bond market's recent dip is your classic "buy the rumor, sell the news" scenario, IMO. Once we get away further away from the news, which was the Fed's rate cut last month, I'm betting on bond prices resuming their climb.