Technical analyst Chris Kimble at Kimble Charting Solutions sees a bearish head and shoulders topping pattern developing in the Treasury bond ETF. He also notes 75% of investors are bullish on bonds, according to Market Vane.
ProShares Short 20+ Year Treasury (NYSEArca: TBF) is an unleveraged, inverse ETF designed to rise with Treasury yields.
iShares Barclays 20+ Year Treasury Bond Fund
Full disclosure: Tom Lydon’s clients own TLT.
