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Tim H.'s avatar

What type(s) of bonds are included the graphed data?

Callum Thomas's avatar

AAII: direct holdings of bonds and bond funds

ICI: bond ETFs and mutual funds

Fed FoF: all holdings of debt investments (excluding cash/short-term)

But yes, this will be including the whole spectrum (treasuries, munis, ABS, corporate bonds)

Tim H.'s avatar

Thanks! It may be a difficult to do but, perhaps a break out of the same curve into different categories will give insights, at a minimum we can see which class is most discounted relative to others.

Al Christie's avatar

Perfectly logical, but a word of caution: The president has some advisors who see the best way to solve the 38 Trillion debt is to devalue the dollar about 40% for a 'reset', and I believe he might do it. After all, he hasn't shown any timidity about other surprising moves. A sudden, overnight devaluation would reset bonds and other cash investments drop immediately. I don't like the risk, so will stick with hard assets. They can go down in a depression, but not in a panicky way. Not sure how bitcoin would fare - your thoughts?