In an August 26 Barchart article, I highlighted the decline in the U.S. bond market that pushed interest rates dramatically higher over the past years. In that piece, I highlighted the decrease in the TLT ETF, that rates would likely stabilize without moving much higher, that U.S. debt makes government bonds unattractive, and that geopolitics will keep inflation above the Fed’s 2% target level. I concluded that “Rates may stabilize, but the odds of any return to the pre-March 2022 environment are slim to none.”
U.S. long bonds are sitting near the lows
