I agree with the main thesis: own US gov obligations such as treasuries. I think you might be missing some of the trends in PM- I think the mother of all short squeezes is going to happen as foreign CBs are using them to decouple their commitments to the US.
Also, money markets might be an easier way for most people to gain access to treasuries. The TDirect approach is a liquidity nightmare.
I agree with the main thesis: own US gov obligations such as treasuries. I think you might be missing some of the trends in PM- I think the mother of all short squeezes is going to happen as foreign CBs are using them to decouple their commitments to the US.
Also, money markets might be an easier way for most people to gain access to treasuries. The TDirect approach is a liquidity nightmare.
TLT is another way. ZROZ if you're after the rate cut speculation