Apr. 3 at 1:50 AM
$O 10 year almost back down to 4. the last time rates were here,
$O was at ~
$63. it seems like the correlation between "rates down O up" hasn't been as strong. lately rates dropping causes
$SPY to sell off and brings O down instead of making it go up. I think if rates continue going down, O slowly goes up, and as economic uncertainty eases, O goes up big.
I'm weathering the storm with some REITS and also
$TLT and
$GOVZ to capitalize directly on the declining rates