Peter Boockvar, chief investment officer of Bleakley Advisory Group, returns to Real Vision to explain why he is looking to short the Vanguard International Bond ETF (BNDX). Boockvar describes how most of BNDX’s constituent bonds offer yields that are either ultralow or negative and argues that shorting the fund trade could be a relatively safe hedge against a global hike in interest rates. Filmed on January 22, 2020, in New York.