On November 26, 2025 it was noted that up until mid-October 2025 Market Maker’s processed and accumulated extremely large seven figure block trades of TLT. Between mid-October and the end of November very few of these blocks crossed the tape. During the last half of December several large blocks appeared as a falling wedge pattern developed. Daily volume also declined during this time. This wedge appeared just in time for the announcement of a new Fed Chairman.
Stock charts courtesy of StockCharts.com.

