June 2, 2025

By Nigam Arora

To gain an edge, this is what you need to know today.

Gas Over Bond Fire

Please click here for a chart of 20+ year Treasury bond ETF (TLT).

Note the following:

• The chart shows bonds recently fell below the danger zone into zone 4 (support).
• The chart shows there has been a relief rally, bringing bonds back up above zone 4.  The relief rally in bonds helped the stock market rally.
• Jamie Dimon, CEO of JPMorgan, is the world’s most respected banker.  Dimon has poured gasoline on the fire that is raging in the bond market.  Dimon sees a crack in the bond market sometime in the future.