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 and NFTRH+ chart and trade ideas, or the Free eLetter for an introduction to our work. Or simply keep up to date with plenty of public content at NFTRH.com and Biiwii.com. Oh, and follow @BiiwiiNFTRH. Support free quality content; please disable AdBlock, Adguard or other ad blockers on Biiwii.com (our few ads are non-intrusive) and/or donate... thank you! Add to SocialTrade