IMHO: Bonds in ‘Danger Zone’
Bond prices (and yields) are entering the “danger zone.”
TLT ($TLT), another low.
As I noted earlier, the equity risk discount is growing ever wider.
Position: None.
5 Market Themes at a Crossroads as We Head Into Earnings
This is a market in transition — and how these themes unfold will determine what happens next.
Semiconductor Weakness Weighs on the Market
Biotechnology continues to benefit from rotation, but overall corrective action is gaining steam.
Observation
A further conspicuous decline in TLT ($TLT) (-$0.77) this morning.
The equity risk premium’s discount is ever widening.
Positions: None.
Bond Update
Bonds ($TLT) at the lows of the day.
This should limit the customary afternoon rally.
Position: None
I Sold Out of My TLT
I just sold out my $TLT at $85.87 for a quick profit.
From earlier in the day:
TLT Buy
I purchased TLT (TLT) at $85.18 in the belief that we have seen a short term peak in interest rates.
Positions: TLT M
BY Doug Kass · Jun 11, 2026, 9:12 AM EDT
Position: None
TLT Hits Reverse
TLT ($TLT) reverses to the downside – higher rates are a catalyst to taking on more short exposure.
Positions: None.
I’m Tightly Trading Two Stocks While Protecting Gains
I’m reducing some positions, but adding this highly speculative, low-priced data center name.