Nick Givanovic: Treasury Bonds Are Historically Unattractive To Leveraged Investors
b'Forward Guidance is sponsored by VanEck.\\nLearn more about VanEck Bitcoin Trust (HODL) http://vaneck.com/HODLFG.\\nVanEck Bitcoin Trust (HODL) Prospectus: https://vaneck.com/us/hodlprospectus.\\n__\\nFollow Nick Givanovic on Twitter https://twitter.com/nickgiva1\\nFollow VanEck on Twitter https://twitter.com/vaneck_us\\nFollow Jack Farley on Twitter https://twitter.com/JackFarley96\\nFollow Forward Guidance on Twitter https://twitter.com/ForwardGuidance\\nFollow Blockworks on Twitter https://twitter.com/Blockworks_\\n__\\nTimestamps:\\n(00:00) Introduction\\n(00:30) Nick Favors Stocks Over Bonds Until He Sees Data That Say Otherwise\\n(05:25) Potential For An Bond Auction Failure\\n(06:44) U.S Government Borrowing: Treasury Bills vs. Treasury Coupons\\n(21:49) Conditions At Recent Treasury Market Auctions\\n(25:13) Short Bonds, But Not Wildly Bearish\\n(26:13) VanEck Ad\\n(27:14) Is Yield Curve Steepener Trade Positive Carry or Negative Carry?\\n(28:43) Inflation Volatility Is Bad For Term Premia\\n(33:13) Bull Steepener vs. Bear Steepener: How Will The Yield Curve Uninvert?\\n(39:10) Bull Steepeners Usually Occur Faster Than Bear Steepeners (Nick Thinks Bull Steepener Could Be More Likely)\\n(54:24) Volatility In The Bond Market\\n(01:02:21) Relative to Bonds, Nick Is Bullish On Stocks\\n(01:07:49) The Labor Market\\n(01:09:53) GameStop and the Return of Meme Stocks\\n__\\nDisclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.'