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BNDD - The Quadratic Deflation ETF

BNDD - The Quadratic Deflation ETF

The BNDD ETF is an ESG fixed income ETF that seeks to benefit from lower growth, deflation, lower or negative long-term interest rates, and/or a reduction in the spread between shorter and longer term interest rates by investing in US Treasuries and options.

  • Demographics: Declining birth rates & a shrinking population tend to cause the costs of government programs to be spread over fewer people.
  • Extreme-Indebtedness: While many believe stimulus spurs growth, it has ballooned the federal debt to well beyond 100% of GDP, reaching levels never seen outside of wartime.
  • Lower for Longer “Japan 2.0”: Global long term interest rates have plummeted over the past three decades amid a surge in sovereign debt issuance, which may incentivize central banks to keep interest rates “lower for longer.”