also, I assume you know this dax, a majority of those $ losses you are pointing at came from the fed mopping up low rate long duration bonds to keep the economy afloat in early covid (and some banking crisis garbage long ago as well). is your opinion that it was for "political purposes"? those are money losers in this rate environment, no doubt. not great to hold. I personally believe it was the right move even in hindsight though. and even if it benefited the previous administration(s). because that's what the fed does! which rules!
