The popular Treasury Inflation Protected Securities are vastly overrated.
Stocks only go down when they’re trading.
Bonds get taken out and shot. Then the corpse is dragged up, propped against the wall and shot again.
How high will the Fed go?
Welcome to the 1970s.
Fed put … meet the new Fed call.
Blood in the streets of Bond Land.
Then for good measure, dragged up and shot again.