TLT Meets Our $137.00 Target
Posted on: Wednesday, January 28th, 2015
The iShares 20+ Year Treasury Bond ETF (TLT) traded as high as $137.41 today to meet our $137.00 upside target, first mentioned in our January 7th report entitled US 10-Year Note: Next Stop 1.88%? (access requires subscription), to capture a $5.61, 4.3% gain in 3 weeks.
The yield of the benchmark US 10-Year Treasury Note has coincidentally declined by 24 bps to 1.72% during the same 3-week period.
- TLT daily since November 2014
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