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But we saved everything 🙂.
Michael A. Gayed shared that JOJO, an investment product he is closely associated with, was launched during a challenging period for bonds. He emphasized that JOJO managed to survive what he describes as the worst bear market for bonds in a generation.
Gayed suggests that favorable conditions for JOJO may now be emerging, urging followers to stay alert for upcoming opportunities.
Gayed previously noted that the 30-year U.S. Treasury has outperformed the S&P 500 so far in 2026, highlighting a shift in relative returns across asset classes.Read more. He has also commented on a 24% decline in BDC stocks from their July 2025 peak as private credit defaults increased.Read more. These observations frame the environment in which JOJO was introduced.