Click Here for Part I.
Also, while I am at it with CNBC, note that porn star bond king Jeff Gundlach is, unsurprisingly, bullish on bonds. If you are looking to be a contrarian with the recent bond sell-off and want some beta, you might consider TMF, a 3x long Treasury bull ETF.
Treasuries remain under intense pressure of succumbing to a long-term head and shoulders top. But perhaps Gundlach is onto something that a respite from the sell-off might catch most out of position at this point.
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is that billy batts?
No, that is Casino not Goodfellas.