does it matter that much if you're just using the long bonds for a short-term trade? (Essentially, riding the implied leverage)

I am sure long bonds will rally a bit if rates drop but there doesn't seem to be a lot of demand these days to lend governments money for longer than a few months to 2yrs.

grayruby

You might want to lock in a nominal return of 4.5% for 8 years if you expect rates to go down in the future.

Doesn't sound attractive to me, but there are some who might want to do that.

Stacker_Stocks

econ

Nobody Understands Bonds; That's Why I'm Buying (FT, Stuart Kirk)

denlillaapan

You might want to lock in a nominal return of 4.5% for 8 years if you expect rates to go down in the future.

Doesn't sound attractive to me, but there are some who might want to do that.