I expect the long bond to take a serious hit in early 2013. But the bond (TLT long-term T bond fund shown here) could have unfinished business on the upside before a decline begins. The target for TLT has been 131 or so, per this chart from NFTRH 214 that shows a support zone at the 50 day moving averages from which it can bounce.
This could come in conjunction with a USD bounce and another deflationary whiff.NFTRH Premium for your 25-35 page weekly report, interim updates (including Key ETF charts) and NFTRH+ chart/trade ideas or the free eLetter for an introduction to our work. Support free quality content; please disable AdBlock on Biiwii.com... and thank you! Add to SocialTrade