Long The Dips On Bonds

With the markets pricing in a 95% chance of a 25bps to 50bps rate cut, longing 20 year bonds seems like one of the highest confidence trades in the market.

I am bullish on 20 year bonds specifically, and will continue to be until we see a rate hike which I believe is far, far away. We are likely heading into a global recession within the next 12-18 months, so I rather be on the long side of risk-off assets in anticipation of a move higher.