On December 14,, 2024 it was noted that the 30-Yr Treasury rate was expected to move lower in 2025. At the moment the Fed is in the process of repeating their 2007 rate cut pattern, as shown in the following NASDAQ chart. The second TLT chart reflects an expectation of a rate cut on December 18th. Using the 2007-2008 TLT structure as a guide, a move upward going into January 2025 would be expected. Note that a 5th rate cut occurred on December 11, 2007.
Note that this information is for educational purposes only and not a recommendation.
Charts courtesy of StockCharts.com.