TLT sounds like the FED may step in as the lender of last resort (balance sheet expansion), and the regulators may allow larger balances amongst banks and dealers. Both efforts would boost domestic consumption and likely provide a relief rally. The longer term is still very unclear with major structural shifts underway. (Summarized from Bloomberg surveillance this morning) 🌄
TLT really don’t understand yesterday .. however decided to follow my charts and add some exposure here … personally I have a target of $99/$100 by June