Hold to maturity investors change when inflation shifts so much. Someone may have bought 10 year 2% notes intending to hold to maturity because they thought in

Hold to maturity investors change when inflation shifts so much. Someone may have bought 10 year 2% notes intending to hold to maturity because they thought inflation would stay at 1% and they just wanted to park cash. But with inflation at 3-5% they now need to dump and buy something else. People change their tactics to achieve their strategy.