So CPI is really 7%? I guess that's why the 10 year bond is yielding 4.682%. Because this guy is smarter than the entire market. LOL!
So CPI is really 7%? I guess that's why the 10 year bond is yielding 4.682%. Because this guy is smarter than the entire market. LOL!
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If you think the market is sound on this price, do buy up 10 year bonds at that rate with both hands! Have the courage of your convictions: buy zeros and increase your leverage. Markets are the real geniuses, after all. Until they're not. Try backtesting that strategy on bonds bought in, say, March 1973.