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Its easy to turn on the TV or go on the web and find a discussion about how the Fed is going to raise rates.
Government bonds and Utilities are often viewed as being sensitive to interest rates. If billions of free thinking people think rates will rise, they usually sell rate sensitive and the opposite is true as well.
It appears of late that some feel interest rates are actually going to head lower, as TLT and XLU are both breaking above resistance of these bullish falling wedge patterns.
Utilities were once of the worst performing sectors as of a few weeks ago and now they are pushing higher, acting stronger than the S&P 500 of late.
Full Disclosure….Premium and Sector Members are long both of these holdings for the past few weeks.
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