Been following the spike in bond yields in recent weeks.
Against this backdrop of a global bond market selloff, TCL's share price - along with the prices of many other bond proxies - has held up very well , I think.
Global equity markets are rising at a time when global bonds are falling... a feature of classic late bull markets.
I'm not sure how long this divergence will last before something will have to give, either a pull back in equities or a sudden rally in bonds.
Because either the bond market is right or the equity market is.
But they can't both be right when they are giving opposing signals.
Been following the spike in bond yields in recent weeks. Against...
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Last
$12.52 |
Change
-0.230(1.80%) |
Mkt cap ! $38.71B | |||
| Open | High | Low | Value | Volume |
| $12.72 | $12.76 | $12.49 | $71.68M | 5.709M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 168899 | $12.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.52 | 28862 | 3 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
$12.50 |
Change
-0.230 ( 1.94 %) |
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| Open | High | Low | Volume | ||
| $12.73 | $12.75 | $12.49 | 412324 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| TCL (ASX) Chart |