BY MARK SEBASTIAN
April 22nd, 2025
Hey Traders,
Make sure you are watching the bond market, there are still some underlying risks in that market that appear to be heading to the forefront.
While the 10 year seems pretty stable, the back end of the curve (notes with 20-30 years) are having real issues.
Thus iShares 20+ Year Treasury Bond ETF (Ticker: TLT) getting smoked on Monday:
iShares 20+ Year Treasury Bond ETF (Ticker: TLT) closed at a new recent low – looking weak. If it gets another push, this could break the October 2023 lows, which would be a real problem.
Watch a break below 85 and keep an eye on the 30 year yield. If you see a yield that starts with a 5, we are going to tank.
The close of the day on Monday was mildly encouraging, but I need to see a rally hold to buy any bounce this morning.
Make sure to join me and my team live at 10 a.m. ET – I am guiding you through this mess every day.
Let’s Recap Yesterday’s Trade
No Trade, but I am eyeing a super overnight.
…Today’s Outlook
I think we open up and then roll over…be prepared.
Call Ted if you aren’t currently a member – 888 872 3301.
Your Only Option,
Mark Sebastian
Mark Sebastian
Founder & CEO, Option Pit
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