Click to enlarge.
The Fed was even more shocked than I was to see just how many people instantly converted to the belief that the 10-year treasury yield would breach 3% and continue to rise for the foreseeable future (even in a short-term 0.04% interest rate and sub-par employment growth environment).
September 24, 2013
Fox Business News: Prepare Your Portfolio for Rising Interest Rates
You've been warned -- for years -- about the impact of rising interest rates on bonds and what that might do to your portfolio.
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Calling in expert help could be useful for individuals as well. If the thought of figuring out bond durations and premiums versus par seems too daunting, consider visiting a fee-only financial planner or adviser. Investment planning is a full-time job for a reason. It can be complicated.
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Calling in expert help could be useful for individuals as well. If the thought of figuring out bond durations and premiums versus par seems too daunting, consider visiting a fee-only financial planner or adviser. Investment planning is a full-time job for a reason. It can be complicated.
If you can't trust the financial "experts" at Fox Business News to help you line the pockets of financial planners and advisers, then who can you trust?
I've definitely been warned for years. No doubt about that. It's all just a big adventure to me though. I'm a loner, a rebel.
This is not investment advice.
See Also:
Sarcasm Disclaimer
Source Data:
St. Louis Fed: 10-Year Treasury Yield
4 comments:
There is a one mathematical description of the curve(s) exhibited here...
Flubber.
Anyone old enough to have seen the old movies know what happens next.
If you can't trust the financial "experts" at Fox Business News to help you line the pockets of financial planners and advisers, then who can you trust?
We can always count on the politicians!
Rob Dawg,
Nice analogy! The data is definitely exhibiting Flubber qualities, lol.
Substance X, we dub thee... Flubber!
The movie would definitely suggest what will happen next. Bigger and bigger bounces!
Let's see. I started with exponential trend failure charts. I moved into linear trend failure charts. And from there, I started doing parabolic trend failure charts.
Next up... Flubber trend failure charts? Perhaps! ;)
mab,
We can always count on the politicians!
It's always nice to have a last line of offense.
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