$TMF
Added 2024-11-25 10:01:01 +0000 UTC$TMF is up +3.9% in the PM now and with the recent CPI figures not showing any increases and they met estimates, this may be positive for Bonds.
Holders here want to see a recapture of the 0.78 Fib and make sure this is a strong support level at $44.77 before considering a reversal as shown but so far it has been holding, especially as the 10 YR takes a breather.
The big question will be: Will inflation rise again?
Some superinvestors think it will....the FED believes it wont.
Bonds are still quite low in price now....making them still attractive but there is this big question market above.
