I like owning July calls in TLT, as the Fed will have a hard time hiking rates 3 more times this year.
The 10-year yield is substantially below where it was in 2007/2008.
Can we stop thinking that the bond market is brilliant on a daily basis?
Speculative action in certain groups is keeping sentiment bullish despite limited moves in the major indices.
Whether it is justified or not isn't the issue, if the idea takes hold we have little choice but to react.
I think stocks are due for a pause but it is because they run so much, not because of these stories.
Worries about interest rates are unlikely to go away easily.
From overweighting dividend stocks to avoiding high-yield bonds, this is how I'm playing things here.
Big-picture bears are not convinced that the stock market is shifting.
Auctions can provide important information about bond demand, yields and where things are headed.