Chart o’ the Day: Here’s someplace I certainly don’t want to be…

You’re looking at the long-term US government bond ETF ($TLT) over ten years.

Could be a disaster in the making for those who think they own something “safe”.  It bears watching for equity guys because of how much capital is locked up in Treasurys, a serious unwind could also be the dynamite needed for another leg higher in the S&P, especially in the dividend-payers.

 

 

 

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