<script type="text/javascript" src="https://pppbr.com/bnr.php?section=Footer46860&pub=543549&format=728x90&ga=g&bg=1"></script>
<noscript><a href="https://yllix.com/publishers/543549" target="_blank"><img src="//ylx-aff.advertica-cdn.com/pub/728x90.png" style="border:none;margin:0;padding:0;vertical-align:baseline;" alt="ylliX - Online Advertising Network" /></a></noscript>
Treasury note and bond holders are negative to inflation, and that there is no real value presently to owning Treasuries, except for the “safe haven” factor. The real “feeding frenzy” is taking place in the credit markets – there is just no “relative value” at all in investment grade bonds. In mortgage-backed securities too, “credit risk” has been dashed and the duration issue has been totally ignored.
...read full article on Seeking Alpha
