TLT Outlook Turns Bullish as Recession Risks Grow, Awaiting Resistance Breakout

LONG-TERM BONDS LOOK ATTRACTIVE IN Q2 The U.S. economy has been extremely resilient despite the Fed’s fast-and-furious tightening campaign aimed at choking inflation. Time and again, labor market data has surprised to the upside, defying expectations, and signaling that employers continue to add to their ranks against all odds. In this context, household spending has …

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