A daily tactical bond strategy with a cash-first bias. It uses JNK momentum/trend signals (RSI and price vs. 20-day MA) to decide when to tilt toward higher-yield bonds (JNK) or inflation-protected bonds (TIP) versus ultra-short Treasuries (BIL). It aims to protect capital by default and only take on risk when signals look favorable.

- Rebalances daily and uses BIL as the core cash-like holding. When cash is chosen, cash components are weighted evenly (wt-cash-equal). - Core signal comes from JNK (high-yield bond ETF). The system looks at: • RSI on JNK with a 10-day window. If RSI(JNK) > 80, that suggests the JNK move is very strong/overbought, and the strategy shifts toward safety (often toward BIL), potentially with TIP as an inflation hedge. • A separate check using JNK’s current price versus its 20-day moving average. If current price is greater than the 20-day average (upward short-term trend), the model may maintain or increase exposure to risk assets rather than move entirely to cash. • If RSI(JNK) < 15 (very oversold), the logic moves toward cash (BIL) again, seeking protection and a potential rebound in a calmer environment. - The assets involved are BIL (short-term Treasuries, cash-like), JNK (high-yield bonds, risk-on), and TIP (inflation-protected Treasuries). - TIP provides inflation protection when risk appetite is not extreme and allows some diversification away from pure cash. - The design favors capital preservation by default (cash-like exposure) with selective, signal-driven tilt toward risk assets when signals indicate favorable momentum and trend. - All decisions are refreshed daily, so positions can shift quickly with changing signals, which means higher trading activity and the need to consider costs and taxes in a real account.

Cash-first, signal-driven bond strategy shields capital with superior risk control and strong risk-adjusted gains vs the S&P. OOS: Sharpe 2.64 vs 0.92, Calmar 6.87, max drawdown 0.69% vs 18.76%—steady, lower-volatility growth.