Bill Gross on X/Twitter today

Bill Gross below on X (formerly Twitter) today saying to buy 2-year Treasuries over the long-end as the yield curve steepening begins. This is what Lantern Capital specializes in; using leverage to give 2-year Treasuries (or related futures) the duration exposure of bonds longer on the yield curve to take advantage of their greater movement during a rate cutting cycle.

Curve disinverting.

Treasury 2/10 yield spread now at -31. Headed to -10 as Fed cuts.

Own 2s, not 10s or 30s.

— Bill Gross (@real_bill_gross) July 11, 2024