🚨 Breaking: Bond markets are dropping sharply despite the Fed's surprising rate cut of 50 basis points.
🔷 $TLT, a popular bond tracking ETF, is now trading below $100.00 for the first time in nearly two weeks.
🔷 Bond investors are taking profits, signaling caution in the market.
Stay tuned for more updates!
#BondMarket #TLT #FedRateCut #FOMC