The Short End of the Curve Is Selling Off Like Crazy, Very Aggressively

The short end of the curve is selling off like crazy because you're getting seven % interest for interest prints. And these yields are less than two %, and those are the highest yields in the world right now. Every single pension fund is set up with silos of risk, a, risk buckets, ad they have to sit within those perometers. So all that preston and i would ever argue is you would never take a forty percent bond allocation without considering international bonds, high heel bonds, state and local bond structure. But what we would argue is, of that forty % bond allocation, it's far smarter to take, and i throw this level out for your pension guise, three

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