Treasury Market Technical Year in Review

     As with the stock market, it seems appropriate to look at the treasury market.  Let’s begin with a look at the weekly ETF charts of the IEFs (7-10 year treasury market) and TLTs (20+ year treasury market):     The IEFs (top chart) and the TLTs (bottom chart) both recently broke important, multi-year uptrends.  This is a recent development that is better shown in the daily charts: Both ETFs fell through their 200 day EMAs after the election.  This potentially indicates several conclusions on the part of traders: They anticipate higher growth, which makes risk-based assets (aka equities) more…

Source: XE news feed
Treasury Market Technical Year in Review