I describe some of my thoughts here on what the situation is with VCLT. Should be an interesting one to watch going forward.
I apologize for not going incredibly in-depth here. This is a chart I have done some work on already and I am just sharing the work I wanted to do this evening.
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I did actually end up selling a decent chunk of my position here. I was admittedly way too exposed, so I decided to get out just above break even. I really don't want to get caught holding the bond bag if long term rates end up continuing higher.
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