BONDS IN DANGER ZONE BUT OBLIVIOUS MOMO CROWD BUYING ON IRAN CEASEFIRE HOLDING AFTER SKIRMISHES
By Nigam Arora
To gain an edge, this is what you need to know today.
Bonds In Danger Zone
Please click here for a chart of 20+ year Treasury bond ETF (TLT).
Note the following:
- The chart shows that not only is TLT in the danger zone but TLT is hitting the low band of the danger zone. The yield on 30 year U.S. Treasuries has reached over 5%.
- So far, the momo crowd is obvious to long bond yields rising above 5% and is aggressively buying stocks.
- RSI on the chart shows TLT is very oversold. This means there is a reasonable probability of a bounce in TLT.
May 5, 2026