Last close
$80.05
Both lenses score −3 to +3, in different senses: on Market Lens, +3 is strongly supportive conditions; on Valuation Lens, +3 is very cheap against modeled fair value.
Market Lens
- Trend
- Downtrend
- Volatility
- Normal
- Vs trend
- Near trend
Fixed Income asset-class score
-1.0
Cautious
Long-term Treasuries are in a downtrend with the deepest long-term discount in the class and edged higher on 16 October after the strongest five-day gain in the class. Their strongest related force is the consumer inflation report, with producer prices, oil and deficit-driven supply adding term-premium pressure.
Full evidence →Valuation Lens
—Unavailable
- Median fair value
- —market = 100
- 1y modeled return
- —
Long Treasuries carry the highest sensitivity to the yield level; not modeled separately.
Full distribution →Risk profile
- Annualised volatility
- 15.7%
- Max drawdown
- -43.7%
- 5y return (CAGR)
- -8.1%
SatellitePortfolio eligible
Realized statistics from five years of monthly total returns. Historical risk is context, not a forecast.
Technical
Supporting and opposing conditions
Supportive
- Strongest five-day change in the class
Opposing
- Deepest two-hundred-day discount in the class
- Highest ATR in the class