Bond interest rates are soaring 😭

Is the unpopularity of short-term government bonds due to concerns about imminent interest rate cuts, leading to inflows into stocks, cash, and gold? We hope to see a shift to long-term bonds as well! Also, while consumer confidence index dipped below 100 last month, it reached 102 this time! However, the chart is slowly declining. Real estate faces challenges like rising housing loan interest rates due to policy interest rates, leading to a slump in new home sales and a surge in prices of pre-owned properties! It's important not to panic, perhaps a little more time is needed before signaling an interest rate cut 🤔

While the 10-year and 30-year bonds are approaching yield convergence, the inverse yield curve with short-term bonds continues to deepen. Until June or July, it's wise to observe and monitor the trends in long-term bonds 👀

Amidst concerns like war, high logistics costs, and bank failures due to commercial real estate, investors in TLTTMF must remember that risks are inherent in investment. Let's stay strong mentally and keep pushing forward 💪