Fixed Income ETFs All Overbought

Below we highlight our list of fixed income ETFs that we analyze in our daily ETF Trends report available to Bespoke Premium subscribers.  Along with the information below, we provide a Bespoke Trend score and a Bespoke Timing score for each ETF so subscribers can see our current outlook on ETFs across all asset classes.  After posting sharp gains in recent weeks, fixed income ETFs finally declined some today, but they still remain well into overbought territory.  TLH and TLT, both long-term Treasury ETFs, are currently the most overbought.  For investors using asset allocation strategies, now is a good time to see if your fixed income weightings have moved too high.

 

Comments

[will rahal]

I have posted charts illustrating how the US Dollar has made this country globally competitive as Exports have soared.
This has led to an improvement in our Trade Deficit.
The relationship between Oil prices and Import is a remarkably close one. Consequently as oil prices decline, the US dollar will benefit immensely.
See "Oil and the US Dollar" at www.wrahal.blogspot.com