Not sure if to laugh or cry. The ~7k I’m down on my short will...

Not sure if to laugh or cry. The ~7k I’m down on my short will mean nothing when it’s my fixed income portfolio that will bear the brunt of a surging us10. On paper at this rate I estimate a minimum ~25k hit by tomorrow.

I’ll be holding my short and will keep rolling income into buying more fixed income assets on us10 surges but not tonight. Need 4.65%+ on us10 until I do. And if that level is breached ill likely load up between there and the 5% mark.

For those that have the capital, good quality bonds and preferential shares (BBB+ minimum) will look very attractive shall yields make a new high this year. Not a bad asset type for those seeking security of income and what I think will eventually be gains on paper as yields start to fall. Plus there are also taxation benefits versus stocks and their dividends. All of this being in the US market of course.


I might post while in Miami but a break is much needed now. Good luck all.