Told ya so. US treasuries peaked (yields bottomed) seven days after my initial post of this thread.
My first bet lost me a few percent. Later, I re-shorted with lots more money the ETF “TBT” when yields had climbed from 2.5% up to 2.7% on the 30-year.
That has been quite a money-maker for me.
I’ll bet either NOBODY or maybe one person out of all the members on this entire blog site managed to even make one thin dime on these easy-money bets:
1) long the 20+ year treasuries from mid-Nov to end of Dec (typical gain +30%, example TLT)
2) Short the 20+ year bonds from late Dec until now. (typical gain, so far, +12%, example TBT)
