The $TLT, a measure of long-term U.S. treasury bonds, has experienced a significant downturn, reaching its lowest price since early December after being hammered the past 2 days. Over the past three weeks, it has fallen nearly 5%. This decline comes ahead of key economic indicators, with an expected move to April 26th of about 2.6% at approximately 14IV, factoring in the upcoming Non-Farm Payrolls (NFP) this week and Consumer Price Index (CPI) next week.
Bond Bulls are getting body bagged $TLT
$TLT started driving the bus Monday https://t.co/Zj53FwygCW
Atlas is shrugging $TLT https://t.co/w6zC2zMMs6
$TLT is down nearly 5% in the past 3 weeks. The expected move to April 26th is about 2.6% at about 14IV. That includes the #NFP this week and $CPI next week. https://t.co/u9QM4kkAnj
$TLT now trading at its lowest price since early December after getting hammered the past 2 days and this morning https://t.co/j0myEFcwKb