Bond bear @​biancoresearch is turning bullish on Treasuries. Jim Bianco raised his index's duration to 6+ years, above the benchmark's 5.7. The 10-year yield stood at 5.17% as of Sept 25. The Fed funds rate is 3.63% with inflation sticky. A 100 bp drop in yiel

Bond bear @​biancoresearch is turning bullish on Treasuries. Jim Bianco raised his index's duration to 6+ years, above the benchmark's 5.7. The 10-year yield stood at 5.17% as of Sept 25. The Fed funds rate is 3.63% with inflation sticky. A 100 bp drop in yields could mean a 13% return. Seeking Alpha analysts see a gradual approach as a prudent way to capture historic yields. Are you adding duration here? ▻