Preston increased the firm's position in long-term bonds (TLT) from 7.5% to 10% after the 10-year yield broke through a key technical trend line and started moving lower, expecting yields could fall to 3% or below when the economic crisis hits, providing significant appreciation opportunity from current levels around 93.

forecastpending

Speaker

Mike Preston

Evidence Quote

on this break of the this trend line on the 10-year bond we increased our position from 7.5 to 10%... if rates go down to the low threes on the 10y year then TLT which is presently at around 93 it'll probably be 115 120 something

Source

Brent Johnson: The Demise Of The Dollar Will Take Longer & More Surprising Turns Than Many ExpectAdam Taggart | Thoughtful Money®
Created: 8/12/2026, 6:41:04 PM

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