According to The Kobeissi Letter, a strategic long position was taken in $TLT on March 6th, with expectations for it to rally above $95.00 as a reaction to intensifying trade tensions initiated by President Trump. As of today, this target is anticipated to be reached, highlighting a successful call that was previously communicated to their premium members.

According to The Kobeissi Letter, their prediction for the 10-year note yield to fall below 4.00% has materialized, leading to a significant increase in bond positions, particularly $TLT. This development underscores the effectiveness of their trading strategy and alerts provided to premium members.

According to Eric Balchunas, nearly 40% of $TLT shares are held short with trading volume in the 2-3 billion range, indicating a substantial build-up in short interest. This activity has paid off significantly for traders today. Eric Balchunas describes $TLT as the professional version of high-risk trading, as noted by Todd Sohn.