TLT good time to buy?

So TLT seems to have bottomed. With the FED nearing the end of the rate hike cycle I'm thinking this could be a good time to start a position. Even if they hold rates high for longer I think 2025, 2026 it could be possible to return to the $120-150 range. Seems like a solid play. Don't have to worry about earnings or growth like you would with a company. Seems like just a play on monetary policy and waiting for inflation to cool down and the FED FUND rate to come down. Which I'd imagine is almost guaranteed to happen one day.

submitted by /u/Razzberry94
[link] [comments] https://www.reddit.com/r/stocks/comments/12n94bv/tlt_good_time_to_buy/
Created 2y | Apr 15, 2023, 6:20:48 PM


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