Daily Archives: February 2, 2025

08Dec11:15 amEST

The Great Mispricing

I have not added back to my bond short (via long TBT, a bearish ETF derived from TLT as a way to bet on higher rates), just yet. However, I am chomping at the bit to do so, as TBT was easily my largest position by size for most of 2023 up until a little over a month ago when I sold most of it.  That said, the chasm between the market pricing in...

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