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amateur_trad3r
Jun 2, 2021 2:06 PM

Don't underestimate Burry's predictions Long

Direxion Daily 20-Year Treasury Bear 3XArca

Description

Long-term bond yields will continue to rise in response to higher inflation expectations. Therefore, instruments like TTT, TMV and TBT have ample room to continue rising (you can see the positive correlation between the two).

In addition, all 3 appear in the portfolio of Scion Asset Management, owned by Michael Burry. I simply do not subscribe to the idea that he has already liquidated these positions, considering that the inflation that he foresees has not yet materialized and that the fed has not raised rates yet, not counting the fact that he is not usually the guy who sells before his bet is fully completed, he is able to hold very risky assets for a long time, and I think this is the case. From my perspective, this is just the beginning.

Comments
coldfire007
FED will increase rate as fast as the withdrawal of troops in afghanistan.
amateur_trad3r
@coldfire007, it has to, the question is when.
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