The Fed Is on the Precipice of Making a Mistake Going Too Far

It'll be at least in 2024, maybe late into 2024 before we see the Fed begin the process of easing monetary policy. Patients will be required for a long period of time. So I'm looking at a two-year right now with a yield just under 5%. I think that's a screaming buy. In my own account, 80% of what I own is two-year notes.