Based Anti-Semitic Investments Ltd.

There is an argument to be made that longer-dated yields won't go down by as much as they did in the GFC as the short-end of the interest rate curve gets slashed by the Fed due to underlying structural changes from back then (e.g. the debt burden is much larger and the market will expect higher yields despite the Fed's measures). Now, here's the thing, will they allow the long-end to remain high as the world is falling over? I doubt it, which is why I also expect them to carry out a policy of Yield Curve Control to try to tame the longer dated yields, and we have Japan's example to see that this works in practice, even if the debt burden is massive. Nevertheless, if this prospect is worrying to you it's possible to get exposure to the short-end of the yield curve by buying $SHY, for example.