25+ Year Zero Coupon U.S. Treasury Index (ZROZ ETF): Expecting Further Upside

 



25+ Year Zero Coupon U.S. Treasury Index (ZROZ ETF)

The price has recently broken above a downward trendline, signaling a potential short-term trend reversal. This breakout suggests the possibility of a retest of the previous resistance level and the major descending trendline near US$84.00.

From a fundamental perspective, key catalysts include inflation data aligning with expectations and potential cost-reduction measures by the U.S. government, which could support further upside momentum.

Disclaimers Apply