Below is the ratio of 20+ Year Treasuries $TLT divided by 7-10 Year Treasuries $IEF.
The only other times before where we had this kind of movement are Post-Lehman 2008, during the Summer Crash of 2011, and the Covid Crash.
Are you sure we can't see an imminent crash in stocks? pic.twitter.com/JPl0t6mWPa
— Michael A. Gayed, CFA (@leadlagreport) December 9, 2022
Trying to actively manage the root layer of the financial system is even harder than trying to actively manage a portfolio.
So in practice, it's like the firemen light the fire and then put the fire out, over and over. pic.twitter.com/XrtOeeyEKF
— Lyn Alden (@LynAldenContact) December 10, 2022