![So, You Say You Want To Get Long Treasurys?](https://i0.wp.com/heisenbergreport.com/wp-content/uploads/2017/02/yieldsincrease.png?fit=605%2C402&ssl=1)
So, You Say You Want To Get Long Treasurys?
So, you say you want to get long Treasurys and/or bunds to take advantage of i) political risk-induced haven flows and/or ii) short covering in the massive spec UST short?
Well, in the event you're wrong, here's how much of a cushion you've got before the capital losses chew up your coupon and spit it back out at you...
(Goldman)