• 1

Click on the chart to enlarge it.

Sean, maybe I'm clueless as to how bonds work, but if TLT is in a downtrend, why is the market freaking out about the "rise" in bonds?

There is no rise in bonds. TLT tracks bond prices. What they're concerned about is the rise in interest rates (which bond yields tend to reflect as well). As bond prices go down (bear market in bonds), bond yields go up. So right now, we're likely starting BOTH a bear market in bonds AND a bear market potentially, in stocks as well.

Got it. I guess it's the "yields" on the 10 year that I'm hearing about everyday


Correct. $UST10Y at stockcharts.com is where you can track the actual yield on the 10 year.