Backwardation in ZB

I wont sleep tonight. Figure I can respond in days.

 

Since you are going on rabbit hole, bonds and yields can go up at the same time in the case of floating rate bonds.


Even in the case of regular bonds, bonds and yields can go up if one holds till its duration

 

I must have missed something, why the gratuitous hostility?

 

Erm, the price (clean) is still probably falling based whatever tiny duration these things got, while this is just a coupon accruing. Plus, God does not issue FRNs