Here’s why the TLT ETF and DXY index diverged after US NFP data

The iShares 20+ Year Treasury Bond ETF (TLT) rose by more than 1% on Friday while the US dollar index (DXY) dived by over 70 basis points after the US nonfarm payrolls (NFP) data. US equities soared, with the Dow Jones and S&P 500 spiked by over 1.30%. Weak US NFP data The US published […]