Dec. 20 at 12:40 AM
Doesn’t matter what I think
It’s what investors demand for duration risk aka term premium
It is clear front end won’t get much below 3.5% to 3.75% and a 150 to 200 steepening gets you as high as 5.75% for 20 year bonds
So
$TLT may make a new all time low in coming quarters
$IEF will also get hit hard