Think long bonds are a "safe haven"? Think again. They barely outpace inflation and just handed investors a massive capital wipeout. But if you’re buying TMV right now to profit off the carnage, you're just chasing a parabolic top. This is a 3X leveraged death trap. Piling into an inverse fund after a massive run means you're aggressively betting the farm at the exact moment daily rebalancing decay and a yield reversal are waiting to slaughter you. Buying the top of a hyper-volatile trading tool isn’t a strategy—it’s financial masochism.