One of the more interesting charts is TLT (one year chart). It is a textbook breakout from a base that is now pulling back. The 50-day moving average is around 107/108 and that would be short term support.
I wrote about the "cash bubble," where no one wants any risk and have been willing to get zero return in exchange for absolute safety. Some of that is unwinding, at least temporarily. The high yield bond ETF, HYG has seen a strong 25% rally off its lows (chart2).
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