Pretty good interpretation of the tug of war going on in the bond-sector. The continually high inflation numbers and history of Fed intervention seem to make long-term bonds the worst investment. Yet, flight to safety in a contracting debt and economy keeps bonds elevated.
Our comment:
Pretty good interpretation of the tug of war going on in the bond-sector. The continually high inflation numbers and history of Fed intervention seem to make long-term bonds the worst investment. Yet, flight to safety in a contracting debt and economy keeps bonds elevated.