Bond ETFs should run hard and fast up.... Take the gains and move to risk on industrials that works under biden or trump. The importing of the better jobs from the rest of the world kicks off in 2025.
That Bond Market, like Honey Badger, doesn’t give a darn. Does whatever it wants. Treasury Rates are now normal for this point in the cycle. Now the curve needs to de-invert, and that has begun. It’s good news.