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Hugh Hendry’s Extraordinary Journey

Real Vision: Finance & Investing

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Are You Long a Domestic Sovereign, a Government Bond?

We're at the precipice of this playing out. You want to be long volatility in everything. And being long the volatility embedded into a chinese tatthe chinese occurrency is iv ou the dollars. We have forty year rates of inflation and huff and puff, but we can't seem to get us tenyor treasuries to trade through two %. Which we got the most negative real rates. I mean, that is incredible. Yet, gold does nothing, but we verynegative real rates. An what's the beef, mister, treasury market? What's the beef? Cause? Trat, the genius of the treasury mock an of rats. It's

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