Brenda Vingiello, CIO, Sand Hill Global AdvisorsVanguard Long-Term Treasury ETFVGLTBUYJul 15, 2022
If commodity prices continue to move exponentially it will likely degrade demand, so she trimmed a holding to buy long-term treasury bonds, the first time she has held Ts for over a decade. She expects the economy to worsen, so she bought Ts to be defensive, and this was the right moment.