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Serge Berger of theSteadyTrader.com is looking to buy 20-plus year treasury bonds using the TLT ETF.
Berger says that dropping yields have translated into higher prices and he believes the trend will continue.
Berger is looking to buy TLT at $136 or higher with a stop-loss at $134. His price target is $141.
Serge Berger of theSteadyTrader.com is looking to buy 20-plus year treasury bonds using the TLT ETF.
02:03 minutes
Tags: bond yields, bonds, bonds market, fomc meeting, interest rates, saxobank.com, saxotradergo, serge berger, tlt:xnas, tradingfloor.com, yields levels