The can has been kicked down the road several times but it feels like the end of the road is in sight.
Drew O'Neil discusses fixed income market conditions and offers insight for bond investors.
Drew O’Neil discusses fixed income market conditions and offers insight for bond investors.
Short-term Treasury yields skyrocketed throughout 2022 reaching levels not seen in almost 15 years. In early October, the yield of the 6-month T-bill topped 4% for the first time since 2007 and by the end of the month had topped 4.5%.
Recently, many market commentators have been preaching the message that fixed income investors should stick to a low duration strategy.