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WSHazel

(387 posts)
11. We may not be close to the bottom on either
Mon Apr 21, 2025, 03:39 PM
Apr 21

Both positions, long dollar and long U.S. treasuries, are hard to unwind if they are made in any size, and they will take time to find alternatives. The business media speaks as if these changes are reactions to specific news events, when they seem to me to be long-term reallocations of assets away from the U.S. dollar. There is a lot of room for both the dollar and U.S. Treasuries to continue to fall.

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