I really like the setup for them ahead of next week's Fed meeting.
Bond salespeople aren't looking out for your best interests.
Rates are clearly on the move -- but there's no need to panic.
They're pricing in expectations that are ahead of what Fed members are saying.
It will take a short, sharp shock to unwind this financing orgy.
These highly leveraged instruments got us into big trouble last time.
Rates are moving higher without any real improvement in business.
I'm slanted bearish today. There, I said it.
Recent market action shows fear trumps analysis short-term.
Just because a trade thesis is valid, that doesn't mean you must maintain a position.