This is a very relevant comment, and I thank you for posting it. From the past week's treasury auctions it seems apparent for now that the Fed/Treasury wants to keep the long-term rates low and that they might be going lower for awhile. But one week does not make a secure trend. That's why I believe in the idea of systematic, incremental investments.
On Jul 12 02:30 PM Old Trader wrote:
> "The FED can manage short-term rates but excessive supply dependent > on foreign buyers is going to cost more, which will exert a drag > on any attempt at recovery in housing." > > Marc, > The quote above, taken from the article, is why I'd be leery of going > very far out, in terms of duration, via IEF. Otherwise, another good > article.
Time for Income: Time for Bonds? [View article]
On Jul 12 02:30 PM Old Trader wrote:
> "The FED can manage short-term rates but excessive supply dependent
> on foreign buyers is going to cost more, which will exert a drag
> on any attempt at recovery in housing."
>
> Marc,
> The quote above, taken from the article, is why I'd be leery of going
> very far out, in terms of duration, via IEF. Otherwise, another good
> article.
Time for Income: Time for Bonds? [View article]
On Jul 12 02:06 PM maryanne wrote:
> Marc,
> thank you for ongoing excellent market analysis for income investors!