“I bought the Austrian 100-year paper… it’s down like 80%… at least I didn’t buy it leveraged.”

Bloomberg Intelligence · Employment Traits of Gen Z, 'Juicy' Bond Yields, Americans Quit Bowling

Play from 28:49
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What was described

bought an Austrian 100-year government bond

-80% loss

Said nearby on the same subject

“They will just be ending up buying French government bonds if this continues”
♫
Said on Unhedged
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“Mortgages like mine can be bundled into bonds, and those bonds have a semi-explicit guarantee from the U.S. government in the form of their approval by Fannie and Freddie”
♫
Said on Prof G Markets
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“Make sure that you are in shorter duration debt… you bought duration… bonds can also be very risky… short of duration is a good idea at the moment.”
♫
Said on Bloomberg Money
Why it worked Share this moment
“Cap rates are only now about a percent above the... 10-year government bond rate... yields 6%, 6.5%... cap rates should really be between 8% to 10%”
SW
Stuart Weems
Investopoly ·
Contrarian take government bond ~5%, commercial yields 6-6.5% (only 1% above), ideal 8… Share this moment

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