Looking back at “Trend of Interest Rates”, posted on May 26, 2016

If you have yet to read the post, you can find it here.  Towards the end of the post you will find the following paragraph: In summary, financing costs, as represented by the rate imposed by the US central bank, rates used in bank lending and the rate acceptable to debtors, should remain relatively low. … More Looking back at “Trend of Interest Rates”, posted on May 26, 2016

One Day…Not a Trend

At the beginning of 2015, I faced major backlash from people who questioned my view that the longer termed US Treasuries should be a core position in fixed income portfolios.  After all, the Federal Reserve had finally indicated a desire to raise rates and the duration risk posed by longer dated bonds made my view … More One Day…Not a Trend