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Muni Bond ETF (MUB) is breaking its second support line and its 200-SMA line at (1) this past week. Is it doing something other bonds are not?
Diversified Bond ETF (AGG) is close to breaking support of a multi-year rising channel in the lower right chart.
Bond price breakdowns reflect good signs of economic growth? Stay tuned!
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High Yield Muni Funds (e.g., PRFHX) started looking weak before the New Year after hitting major resistance, then rallied a bit, and now appear to be continuing their decline.
AGG break down??? Scary.
Correct me if I’m wrong, but Government employees use the equivalent of AGG for their TSP’s most conservative of investments. — the “G” fund.
Will move more cash over to the C or S fund if AGG is breaking down.