TLT Contrarian Trade
Rates can't go up forever, can they?
Hot Trades - TLT Bullish Credit Spread
On Friday 4/8 I made a contrarian bet that interest rates will start to come back down, and used a TLT Bullish Put Credit Spread to execute this strategy. TLT is the iShares 20+ Treasury Bond ETF so its price moves inversely to rates.