iShares Barclays 20+ Year Treasury Bond (TLT) recently broke above its key 50DMA and it’s starting to curve higher.
Signs of ‘flight to safety’ by investors?
If the equity markets do get weaker will the TLT bulls try to test the $122 trendline area?
In this weeks Barron’s they posted the Spring 2012 Big Money Poll. Guess what the pros thought about U.S. Treasuries.
Only 2% are bullish… talk about lopsided investor sentiment.