Saturday, March 10, 2012

The Chart of the Day: T-Bonds

The 30-year US Treasury Bond ($TLT $ZB_F) is forming one of the tightest coils (volatility contraction within a rectangle/symmetrical triangle) within an extended range of any major market on earth right now:

Federal Reserve ($FED) monetary policy has greatly influenced this market’s movements over the last several years, however, once this market breaks free (rest assured that it will eventually) the move will be explosive.

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