Potential Surge in TLT as 30-Year Bond Hovers Near Historic Lows
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The 30-Year Bond has never dropped below 1% in history, signaling a significant threshold. Analysts predict that if it falls below this mark, TLT could see a substantial rise, potentially exceeding 200. This extra boost stems from the unprecedented nature of bond rates dropping below 1%, indicating a potentially massive rally for long-term treasury ETFs like TLT.