The 40-Year Bond Trade: How Systematic Forecast Errors Generated Excess ReturnsForecasters predicted rising rates from 1980–2021. They were wrong. That’s precisely why long-duration positions printed money.Navnoor BawaOct 22, 2025∙ Paid21ShareContinue reading this post for free, courtesy of Navnoor Bawa.Claim my free postOr purchase a paid subscription.
