TYX (30 year treasury bond rate) projection

Unlikely a straight down, but the current trend is down (meaning good for long bond like TLT). No wonder the housing market is weaker? Maybe people are expecting even lower rate!! (but who knows/cares - just follow the trend until it changed, then follow the new trend after established).
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.