Risk is officially off (Risk off as 10-year notes crack 2.86%
IMHO, it was kind of a funny close for treasuries, the 3-7 year ETF (IEI) and the 10 year (IEF) both closed higher, but there was a huge dump of the 20 year (TLT) at the close. Any thoughts on why?
And of course, I bought some TLT a couple of days ago....
But I also moved most of my 401Ks into shorter term treasury funds, so at least they aren't diving with the rest of the market....yeah.
(And yes, I just come to your threads to stare at your avatar...)