There must be a spectre haunting the bond market. We expect longer-term rates to move much higher sometime very soon (x/ some Black Swan flight-to-quality event), and the shorts will be paid handsomely.
Read Full Article »There must be a spectre haunting the bond market. We expect longer-term rates to move much higher sometime very soon (x/ some Black Swan flight-to-quality event), and the shorts will be paid handsomely.
Read Full Article »