Short-Covering, Easing Speculation Pushes Treasury ETFs to New Resistance
May 15, 2014 at 15:43 PM EDT
With Treasury bond yields pushed down by technical positioning and speculation on increased accommodative monetary policies overseas, U.S. Treasury bond exchange traded funds continue their forward march and face a new resistance level. The iShares 20+ Year Treasury Bond ETF (NYSEArca: TLT) has...