A diary of the thought process behind my investment decisions
Somethings Gotta Give
Interest rates have shot higher in the past few weeks, which is a major headwind for the economy. The market and interest rates can't both continue to climb indefinitely. I have gone long treasuries by shorting shares of TBT.
5 comments:
Why not just buy TLT?
Because the ultra products underperform over time, so I might as well take advantage of that.
wow, interesting move. seems to me rates are going up. tough to bet against it.
In what time frame? Rates could go lower over the next week but higher over the next year.
Medium / long term. 3-6 months. I suppose you're thinking 3-4 weeks or shorter.
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