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For 44 years, this investor held aces in the long-bond game. He just folded.

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For 44 years, this investor held aces in the long-bond game. He just folded.

Lacy Hunt’s about-face on long-term Treasurys marks the end of an era. Here’s what it means for your money.

For 44 years, this investor held aces in the long-bond game. He just folded.

Source：MarketWatch

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Source：https://www.marketwatch.com/story/for-44-years-this-investor-held-aces-in-the-long-bond-game-he-just-folded-dcd39375