Bond investors rejoice! Rates are falling! Let’s go back to generational lows! Yay! Loan the US gov’t for 30 years for 4.5%. Good luck with that. I’ll sit this one out, however. I’ll park some short-term savings in a money market at 5.25% yield (<3 month duration).

If you think inflation is gonna run below a 4.5% rate over the next 30 years… HFSP! Imagine owning #bonds Certificates of Confiscation!

I don’t really like owning a money market, honestly. More than longer duration bonds, however. Back during the ‘08 financial crisis I remember the $1 peg broke on those (which ain’t supposed to happen). But if the short duration bond market croaks we’ll have bigger problems.

I’ll take the risk to earn the 5.25% versus letting some bank bend me over every month for .5%. Fuck ye bankers! I guess I could move some money to an FDIC backed version of a money market. I just don’t care that much. Keeping things simple > minimal safety/security.