With equities looking increasingly volatility and valuations as frothy as ever, long term bonds have been quietly outperforming recently. I expect this trend to continue for foreseeable future and for us to rise 5-13% from here conservatively.
The global climate is shifting to reducing risk and buying safe haven assets. Therefore, 20 year bonds will likely continue to be a source that reaps the benefits of capital outflow from stocks and into US treasuries.
The global climate is shifting to reducing risk and buying safe haven assets. Therefore, 20 year bonds will likely continue to be a source that reaps the benefits of capital outflow from stocks and into US treasuries.
