The jobs number did not come in so good. A market that started the day down, picked up some steam on the downside, and closed near the bottom. One name that did not come unglued was the TLT. Treasuries are “strong like bull” and have an almost eerie feel about them. They seem to levitate like a magic carpet. I saw some news this week where they floated the balloon of floating interest rate bonds. What knot head would want to issue floating bonds at the absolute low of interest rates? I think the US Treasury should keep their gravy train running. Now to what is happening with the TLT.