Long-Term Treasury Bonds Retreat

FLBIX

Long-term treasury bonds benefitted greatly from the Fed’s QE2 last year. The price action suggests that this year the results may be different. The Fidelity Spartan Long-Term Treasury Bond Fund (FLBIX, last change: -0.53%) shows a weakening chart pattern and has moved below its 100 day moving average.

 

Technical analysis screens are provided by FidelitySignal.com 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s