
STOCK MARKET SELLOFF CONCERNS AS TREASURY YIELDS HIT 52 WEEK HIGH
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Stock Market Selloff Concerns
Please click here for a chart of 20+ year Treasury bond ETF.
Note the following:
- The chart shows that TLT has fallen below the lower resistance zone.
- The chart shows that TLT is just above the support zone.
- The chart shows contrary Arora Report calls that have proven spot on.
- U.S. 10 year Treasury yield hit a new 52 week high. In The Arora Report analysis, the rise in Treasury yields is not due to expectations of strong economic growth.