Bond bears keep pointing to backward-looking charts while ignoring the setup ahead. Rates dropped 170bp from 2016-2020 despite the noise. The next 4 years? Probably won't look prettier for the "bonds are dead" crowd.
Maybe stop fighting the last war and start positioning for what's actually coming. Forward curves don't lie — the market's already pricing in what most people refuse to see.
Maybe stop fighting the last war and start positioning for what's actually coming. Forward curves don't lie — the market's already pricing in what most people refuse to see.