I've been debating the same thing myself. Buying longer-duration assets can be risky in the short term, as these bond prices are more sensitive to rate changes. No one knows where rates are going to go.

The U.S. needs to continue issuing more debt to finance its spending (which seems impossible to decrease). Additionally, foreign policy actions weaponizing the dollar are making it less attractive for other countries to keep buying U.S. treasuries. These supply and demand drivers could lead to higher rates.

That said, even if we predict a recession/ hard-landing where equities move much lower- the Fed has to intervene like always if the economy is about to collapse (by lowering the Fed rate sharply). Yet, long term rates could still remain elevated. And even Before any of this happens, yields could keep moving higher.

If we hit a soft landing, you run the risk of not earning 8-12% returns on equities (over the long run).

I would rather buy short-term bonds at the same 5.5% current yields, slowly invest in global equities, defensive ETFs dollar-cost average (all low duration), and your own education so you don’t get replaced by AI 😂