#bonds

JPMs Michele Shuns USTs = ‘Zombies’ in QE Era 

BBG: https://t.co/O2U7PE1WvC

his UST exposure back to Sep '18 levels (another time bearish view very popular...)

Context: 20+yr USTs have TR of 44.52%, overall 11.99%. 
$spx 10.86%

#hedge 
#bonds: https://t.co/IZ74O2Gl8V https://t.co/ThPNhRdHs2