Headline doesn’t quite agree with the article. He’s buying the 2yr Bond, shorting the long end. I’ve been sticking with the 3-6 T-Bills for about 18 months. I’m going to start moving into the 2yr as well.
Inflation is heading up again, looks like one rate cut at best this year. We’ve seen this movie before.
“I’ve been sticking with the 3-6 T-Bills for about 18 months. I’m going to start moving into the 2yr as well.”
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I’m shorter than that with floating rate treasuries. But to each his own.
Best of luck to you.
Sadly, I tend to agree and hope I'm wrong.
Just re-fi'd an auto loan a couple of days ago, as after looking at data and sentiment, decided that re-fi was better sooner.
I think the market the last couple of days is coming to grips with the increasing probability that there will be no rate cut in the spring (among other factors).