This monthly chart of IEF - an ETF that tracks the performance of 7-10y U.S. Treasuries, shows that despite the media talk about rising rates, the upside trend in treasuries could have some more time to go before starting to go south. The MACD is positive with no bearish divergences, the Stochastic is still not entirely in the overbought state. Basically no serious warning signs.
The monthly chart of TLT (an ETF that tracks the performance of 30y U.S. Treasuries) presents almost the same view.
Such a prolonged increase of treasuries prices, respectively a decline of the yield, also implies the FED might take some more time before starting to rise interest rates.
The monthly chart of TLT (an ETF that tracks the performance of 30y U.S. Treasuries) presents almost the same view.
Such a prolonged increase of treasuries prices, respectively a decline of the yield, also implies the FED might take some more time before starting to rise interest rates.