Thank you Fast Money for pushing our other ETF pick and holding - double negative on treasuries but no negative carry: you get a dividend if you care about that kind of stuff. Cheap entry point at $40.33, with historical average $61.03. Thesis: the sell off in treasuries once people go back to risky assets, or once everyone stops buying them. China, Russia, Japan and Europe will have massive internal budget deficits to fund to care about buying treasuries, and the US can only print so much money to buy its own paper. Plus yields on Treasuries can only go to 0, which is pretty much where they are now.
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