UPDATE: How to get in on the recent bond rally
Please see the original trade view here: How to get in on the recent bond rally.
It look like it may come down to the wire on this one. The iShares Barclays long-term bond tracker, TLT, is off by 0.5% at $142.80, as we provide this update.
We need bonds to decline some more in the next four days, and to end up inside the body of this $2 wide iron condor.
In the event that prices do not decline further, we have an option to rollover or to take our loss of $1.17
We will provide another update on Thursday.
— Edited by Robert Ryan
Non-independent investment research disclaimer applies. Read more