It might take you 100 years to break even

Discussion in 'Fixed Income' started by JackMorgan, Jun 14, 2022.

  1. and thats priced in EUR, in $$ terms, fuggedaboutit

    Snuskpelle, zdreg and murray t turtle like this.
  2. the TLT etf from 160 to 109 , im sure many people just baghold these
    ET180 likes this.
  3. Real Money

    Real Money

    Duration is getting absolutely wrecked. Liquidity risk!
    jys78 likes this.
  4. %%
    Europe has such a HIGH gas tax, too many regs ............................+ i would find something better than pay a bank to store my money.
    Swiss maybe different i think its still [or was LOL]part of europe .
  5. Damn. Ruthless.
  6. 2rosy


    goes to 100
  7. Tsing Tao

    Tsing Tao

    TLT is probably a good buy pretty soon - if not really soon. There's no freaking way the Fed can hike as much as the market thinks, and when that turns or when credit spreads blow way out and the Fed has to pivot, you can be sure TLT will begin to price in the first easing (which won't be far away).
    jys78 and MKTrader like this.
  8. xandman


    At this point, that bond is pulling up to par. Most of the negative convexity is gone.

    If we get a global recession and rates come down 1%, you may just double your money.

    What is the current YTM?
    jys78 likes this.
  9. In the long run, rates go to zero. Robots don't borrow money and the demographics won't support higher rates.
    Gambit likes this.