Still Might Be Early For TLH

Valkyrie Trading Society
Investing Group Leader

Summary

  • Powell spoke on Wednesday, and markets had mixed feelings on what he had to say.
  • Still, markets are getting more excited about duration now that the back of inflation seems like it's breaking.
  • Tonight we'll learn about jobs data which should point to what inflation might end up like, although the receding of cost-push factors have been more important.
  • Inflation tends to get a rebound after lower results, and markets still can be disappointed as the Fed maintains its focus on stomping out the wage-price spiral.
  • It might be too early for duration still.
  • Looking for a helping hand in the market? Members of The Value Lab get exclusive ideas and guidance to navigate any climate. Learn More »

US Savings Bonds. Savings bonds are debt securities issued by the U.S. Department of the Treasury. They are issued in Series EE or Series I.

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The iShares 10-20 Year Treasury Bond ETF (NYSEARCA:TLH) is a longer duration bond ETF that is a cheap way to play the yield curve in the US. Inflation is the key concern for duration speculators, and Powell's recent speech from

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