The MacroTourist

The MacroTourist

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The MacroTourist
The MacroTourist
SO YOU WANT TO BUY BONDS?
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SO YOU WANT TO BUY BONDS?

The 'tourist examine buying TLT versus Harley Bassman's new product: TUA

Kevin Muir's avatar
Kevin Muir
Oct 04, 2023
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The MacroTourist
The MacroTourist
SO YOU WANT TO BUY BONDS?
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The absolute destruction of the bond market over the past couple of years has attracted a new class of investors: knife catchers! This is probably best illustrated by the explosion in the number of shares outstanding of the TLT long-bond ETF:

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