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Napanee, Ontario | hahaha
yup... that's right. He's betting rates go WAAAY higher...
Think about how braindead this is:
CPI inflation (published): 5.4% YoY
10 year treasury: 1.3%
You're literally locking in a 4% loss buying a 10 year treasury right now.
There's $29 trillion in this market...
Edited by OldMcdonald 9/13/2021 00:02
(IMG_4993 (full).PNG)
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IMG_4993 (full).PNG (191KB - 155 downloads)
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