Will Bonds Rally?

In a July 24, 2025, Barchart article on U.S. government bonds and the TLT ETF that tracks the debt securities, I concluded with the following: The range since the beginning of 2024 highlights the technical support and resistance levels. If rising U.S. debt levels lead to selling in the bond market, TLT is likely to head lower. However, if the debt doesn’t matter and the U.S. can reduce spending and grow its way out of the debt through economic initiatives, the TLT will likely rally. For now, long-term inte ...