Active investors must identify unique indicators to succeed in trading. This analysis examines the price action of the Invesco DB Agriculture Fund (DBA) and the iShares 20+ Year Treasury Bond ETF (TLT). Historically, these two sectors have moved inversely for nearly 17 years. However, the past four years have witnessed a significant bounce against this trend. The current market dynamics raise questions about a potential reversal for DBA and TLT or a breakout for DBA. The outcome of these price actions carries significant implications for investors, warranting close monitoring.
Results for: Treasury Bonds
Amidst the selloff in government bonds, I am upgrading my recommendation on the iShares 20+ Year Treasury Bond ETF (TLT) from a buy to a strong buy.