Given that interest rates have remained high for an extended period, I purchased TLT as a hedge against the potential risk of a recession. If the economy weakens and interest rates are eventually lowered, the value of long-term bonds like those in TLT tends to rise, providing a safeguard against economic downturns.
| Side | Price | Realized P&L |
|---|---|---|
| Buy Open | 85.26 | -5.21% Holding |
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- LeeTed·2025-01-14It's a smart moveLikeReport