TLT Closes Price Gap And Looks Poised To Rally
Tim Knight | Dec 30, 2021 11:39PM ET
As counter-intuitive as that may seem in a world of ostensibly rising interest rates, Bonds, by way of the iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT), have closed their price gap and look poised to rally.
If it does so, I think you can rightfully expect the banks, such as the SPDR S&P Bank ETF (NYSE:KBE), to roll lower as interest rates shrink.
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