Posted by DigiNomad on 1st of Apr 2024 at 12:00 pm
I was definitely participating in the "end of quarter window
dressing" shenanigans last week. Gov Bonds are typically a
safe place hide out for a couple of days while making decision on
allocations and remaining fully invested. I went back and
forth on TLT vs the shorter end (IBTE, etc)...I finally settled on
a 20/1, IBTE/TLT allocation after deciding that playing for the
potential equity appreciation in TLT wasn't worth it with the Gov
out of control like it has been. Close call. Haha.
Who knows - maybe what we're seeing today is simply the
window dressing unwind.
I was definitely participating in
Yields and USD moving up some here and futures fading ...
Posted by DigiNomad on 1st of Apr 2024 at 12:00 pm
I was definitely participating in the "end of quarter window dressing" shenanigans last week. Gov Bonds are typically a safe place hide out for a couple of days while making decision on allocations and remaining fully invested. I went back and forth on TLT vs the shorter end (IBTE, etc)...I finally settled on a 20/1, IBTE/TLT allocation after deciding that playing for the potential equity appreciation in TLT wasn't worth it with the Gov out of control like it has been. Close call. Haha.
Who knows - maybe what we're seeing today is simply the window dressing unwind.
Pretty red day in many
Posted by foody518 on 1st of Apr 2024 at 12:15 pm
Pretty red day in many utilities names, too, the rates connection?
Yep, utes are mostly bond
Posted by DigiNomad on 1st of Apr 2024 at 12:18 pm
Yep, utes are mostly bond proxies. The yield they offer looks less attractive when the "risk free" Gov rates rise.