Mar. 31 at 7:35 AM
Long Treasuries jumped 1.33% Monday
Rates/FI ETFs Moves:
Top 2 (by %):
$TLT +1.33%,
$LQD +0.64%
Bottom 2:
$JNK +0.11%,
$EMB +0.17%
Our Data Points To (Intermediate-Term):
$TLT Long Treasuries: Bearish Momentum - Negative Sentiment.
$LQD Inv. Grade Credit: Bearish Momentum - Negative Sentiment.
$EMB EM Sovereign Bonds: Bearish Momentum - Negative Sentiment.
$JNK High Yield Bonds: Neutral Momentum - Neutral Sentiment.