R. Patrick Kent (RPK)(@RPKInvestor):Buy Treasury bond, repo it, short future against it, buy more bonds, repeat ad infinitum... or at least until you are levered 30:1. All works great unless repo rates jump. See 2020-2021 for examples of this.

R. Patrick Kent (RPK)

@RPKInvestor

Portfolio Manager, Hedgeye Asset Management | Co-Founder & Pres, Biophysical Economics Inst | 25+ years Investment Experience | CFA, CMT | Bass Player & BJJ

Joined April 2009

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R. Patrick Kent (RPK)@RPKInvestor

2026.10.21 19:27

Buy Treasury bond, repo it, short future against it, buy more bonds, repeat ad infinitum... or at least until you are levered 30:1. All works great unless repo rates jump. See 2020-2021 for examples of this.