It May Be Time To Buy Long-Dated T-Bills

 | Jul 31, 2015 03:36PM ET

Long-dated U.S. Treasury bonds, as illustrated by the ETF (ARCA:TLT), have broken out and above the downward channel they were in. For those who believe U.S. Treasury bonds are not yet done with their bull ride -- and that includes economist and fund manager Lacy Hunt, who has been correct on the bond market thus far since the 2008 financial crisis -- this might be an interesting time to buy.