“You'll start by offsetting the short-term gains of the short-term losses, and then the long-term gains of the long-term losses”
♫
Said on Motley Fool Hidden Gems Investing
“Scott Besant… buying $6 billion in bonds… you’re talking about $6 billion versus a $40 trillion treasury market… it seems like it’s clearly failed because long-term rates have marched significantly higher”
The Real Eisman Playbook · 5% Rates, Bessent's Failed Gamble & What Comes Next w/ Krishna Guha | The Real Eisman Playbook Ep 78
Play from 47:46
47:46
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What was described
bought $6 billion of long-term bonds while issuing short-term bonds (Operation Twist) to lower long-term rates
$6 billion
Said nearby on the same subject
“He said, I'm going to buy $4 billion worth of stuff… then he increased it to $6 billion… buying the long stuff, issuing the short stuff, and the idea is it'll bring down the long-term rates.”
♫
Said on The Real Eisman Playbook
“Let's say 5 and 10 on long term and short term in my example should be in dollar terms.”
♫
Said on The Core Report
“The inflation component in nominal bonds plays an important role… when you hold nominal bonds, that's of course exposed… the increase in bond risks has some similarities… bonds and stocks have moved together.”
CP
Carolin Pflueger and co-authors
Odd Lots ·
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