A January Alarm Bell for Bond Market Stability. Know the impact in our Portfolio.
Hi Dan. Just for me to be clear, the hedge is TMF which is supposed to see price increases as rates go down (longer terms treasuries) while the Alpha is TTT which shorts those treasuries meaning price should move up as rates also go up. Correct?
Exactly!
Hi Dan. Just for me to be clear, the hedge is TMF which is supposed to see price increases as rates go down (longer terms treasuries) while the Alpha is TTT which shorts those treasuries meaning price should move up as rates also go up. Correct?
Exactly!