GDP is Running the Beast…

Volatility is marking this level of the long bond. It is all part of the market focusing on short term negatives while strong growth through technology based GDP growth is controlling the overall scene.

Back in March 2021 our downside average objective of the TLT ETF was 95.47 with a maximum low of 82.77. Here is the chart we have shown many times. We are pushing the limits today.