10-year treasury rate up over 4.5%.
Boomer: āIām not gonna own stocks when I can get a 5% yield in bonds!ā
Also Boomer: I just lost 6% THIS MONTH owning bonds!
Boomers are getting REKT! $TLT total drawdown since peak -47%! US Treasuries are the ultimate Shitcoin!
PS - Inflation is 3.6% (and now trending up again)!
This Year
$TLT down 14%
$TLT yield 3%
Inflation up 4%
Congrats you are down about 15% this year in bonds.
Imagine owning Bonds (Certificates of Confiscation)!?!? I guess they aren't as "safe" as many believe.
