Oh what a surprise the TLT s are down again They will keep going down until something breaks. Finacials are also starting to break down. Ozk and fg were ugly. More of that coming.

The market is getting narrow and breadth stinks 😷 thedailyshot.com/wp-content/…

It’s happening everywhere

What a great environment for long short strategies.

Pretty weak bounce Tlt could not even hold gain. Fed should do 25

This one is for Nick ! Private credit defaults remain low overall, but “soft defaults,” where distressed companies avoid technical covenant breaches, are rising, while “hard defaults,” such as insolvencies or bankruptcies, remain rare.

Ok Tlt up on the day let see if the 24 rsi can get a bounce. Last support level now becomes the resistance

Tlt rsi is now 23 Over sold but this bear market in bonds are real. I see no reason For another new lower to occur after that bounce. Frankly it trades like a broke stock Which is scary.

Tlt rsi is now 27. Good spot for a bounce Trend remains in a solid downtrend.

TLT s will keep dropping until something breaks !

Well said. linkedin.com/posts/brad-lame…

Terrible breadth.

Yep it’s a subsurface bear market. Nice for long short players.

If i were the FED id raise 25 bips after the close. should help stop the long end for now..

The cary on margin is gonna keep climbing Margin clerks in control 😂

TLT technical picture. At 68 on the TLT, rates are at 6.5%   Reasonable with the breach of the 2023 Low. It also be a proper decline with point and figure targets and would be more reasonable rate vs inflation and higher risk due to higher debt levels 🫣