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Watch This Ticker’s Response to Today’s FOMC Rate Announcement

by | Dec 13, 2023

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It’s been a tough year for bonds and the iShares 20-Plus Year Treasury Bond ETF (Nasdaq: TLT) as it continues to trade below its year open. 

Today’s Federal Open Market Committee announcement might give light as to 2024 direction. Watch TLT’s response after the 2 p.m. ET interest rate announcement through the cash close and overnight.

With record volume accumulating at the bottom right of this weekly TLT chart below, history supports an uptrend for at least part of 2024.

TLT chart

Think and Win!

Celeste Lindman
Celeste Lindman Trading

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WRITTEN BY<br>Celeste Lindman

WRITTEN BY
Celeste Lindman

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