Hi All,
Aug 19, 2010, TLT - iShares Barclays 20+ Yr Treas.Bond closed today at 106.16 up by more than 5% in the last 5 trading session. I think market is over reacting and buying more long dated Treasuries. But we are no where near a bubble.
However due to the recent surge in long dated Treasuries, the bear fund on long dated Treasuries are becoming very attractive.
TBT closed today at 31.62 and TMV closed today at 34.40. Both are OK to start buying. Even it may go lower as equity correction is not yet complete, it is good to start accumulating shares of TBT or TMV.
Please visit http://www.softwareandfinance.com and click on the topic "TBT is a buy" under most recent posting to read the entire article.
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