Chris Kimble updates his long-term perspective on Treasury bond yields with a focus on iShares Barclays 20+ Year Treasury Bond Fund (TLT).
Chris comments: Interest rates bottomed last September and have moved much higher. But on a long-term basis, yields remain inside of a falling channel that has been in place since the late 90's!
Someday this channel will break, yet at this time yield resistance and TLT price support is still in place.