Long-term treasury bonds are now in a bearish downtrend

FLBIX chart

The Fidelity Spartan Long-term Treasury Bond fund (FLBIX, change: 0.08%) was the best performing Fidelity fund of 2011, but long treasury bonds are out of favor in 2012. Not surprising, that FLBIX has became a laggard with a -2.78% return so far.

Technical analysis screens are provided by FidelitySignal.com    

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