
Canada Rate Hike, China Banks Cut Dollar Deposit Rates
Bloomberg Daybreak: Asia Edition
00:00
The Five Year Note Is the Best of All Worlds
I'm starting to hear more about people talking about China as a way of getting out of big tech in the US. Can you stomach that? No, I can't. When you've got you at political risk and you're playing in somebody else's backyard, you're very apt to be blindsided. One of the things I heard from very successful investors many, many years ago is if you're playing by someone else's rules and you aren't indigenous to those rules, you're going to get tricked much more often than not. The five year is the best of all worlds. It's the mama there of the on maturity curve. If you buy the five year bill, you
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