From the Desk of Ian Culley @Ianculley
Bonds are flying under the radar.
While everyone focuses on the S&P 500 finding resistance at its 200-day moving average, bonds are posting their most substantial rally since the early 2020 peak.
Treasuries have represented downside risk for almost two years. We get it. Nobody’s wanted bonds!
Neither have we – until now.
Here’s why… [Read more…]