Aug. 4 at 10:59 PM
$TLT $SGOV $SCHP $VGIT $BND
Good information from WolfStreet on the bond market for those with more questions.
I’m personally one of the people concerned about longer dated bonds, hence the reason I exited my TLT position. It’s undetermined which way the 30 year is going. I personally think it could move to 6+%
That would mean the price of TLT could fall to
$60-70
I posted my retracement chart the other day.
$68 can’t be ruled out.
We’re currently sitting on a solid support area around
$82
I’m still on the sidelines and only holding a 2.06% position in SCHP currently.
I will however eventually scale back my miners positions and transition back to the barbell with 30% position weight to treasuries.
TLT
VGIT
SGOV
My SCHP position will be eliminated when I think the 30 year has peaked.
Timing won’t be perfect, but that’s the plan.
https://wolfstreet.com/2026/08/01/six-years-into-bond-bear-market-30-year-treasury-yield-hits-5-28-yield-curve-steepens-but-spreads-are-still-too-narrow/
