
The Next Big Trade - Is China Still Open for Business?
Real Vision: Finance & Investing
00:00
Long Tips - Should I Buy Long Tips?
I wanted to buy long tips because I think there are problems obtaining future consumption in the world we're discussing and that future consumption may come on significantly worse terms. So I looked at long tips and, you know, for the last 20, 30 years, you couldn't buy these things anywhere near one and a half, one and three quarter yields. Now, I bought some with a 2% handle. My expectation now is that when you are looking at the 10 year yield at about 4%, it is just about crested. It is accounting for high inflation. For example, if you can get 4.65% on two year treasuries, why should you have cash? You should
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