In case things go awry? How might we measure the risk of an ETF that's short, say, 7 and 10 year federal notes? With prices as high as they are, what're the chances of permanent capital loss for such an ETF?
Good point really. Rates are low compared to what, historical rates of 5%? Pretty sure the Fed couldn't push past 3% at this point, so maybe prices aren't on the high-end after all. What I wanna know is how we get back to a normalized environment... Kaboom?