BLV - BLV: One Year Later Long-Term Bonds Still Don't Pique My Interest
- Long-term bonds perform well when yields drop and economic expectations are low. Looking forward, neither of these are currently likely outcomes for 2022.
- Investors are largely of the opinion that yields are going to rise next year, and, as a result, BLV will suffer. This could offer a contrarian play, but readers should be careful.
- Metrics like the CPI, home prices, and shipping costs are all up strongly year-over-year. These trends may not be sustainable, but as of now, they are pushing the Fed's hand.
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BLV: One Year Later, Long-Term Bonds Still Don't Pique My Interest