What are Treasuries Telling Us?James Picerno
Federated bond fund manager Joe Balestrino discusses the best opportunities in the fixed-income world.
Here are some of the other advantages and disadvantages of investing in MBSs. Pros Pay a fixed interest rate Typically have higher yields than U.S. Treasuries May be backed by the U.S. government Can be structured to offer different risks and cash flows ...
"Typically" because this isn't always the case. When there's an inverted yield curve, yields on Treasuries with shorter maturities can be higher than on those with longer maturities. With T-bonds, your interest rate is fixed for the bond's entire term. However, your actual yield might be...
The ETF and index investments are really a transformative technology that gave people access to build portfolios to all the things that hadn't been there before. Stocks, bonds, real estate, commodities. You can build a portfolio that meets your needs by combining a whole different set of ETF...
as high as they are today. Back then, investors were making heroic assumptions about the prospects for growth in corporate sales and earnings. Today, they are making heroic assumptions about the sustainability of corporate profit margins and valuations, even if they’re not conscious of doin...
Thus the best books are treasuries of good words, the golden thoughts, which, remembered and cherished, become our constant companions and comforters. Books possess an essence of immortality. They are by far the most lasting products of human effort. Temples and statues decay, but books survive...
Off-the-run treasuries tend to be somewhat less liquid than on-the-run securities, although they are still actively traded on the secondary market. The price difference between on-the-run and off-the-run Treasuries is often referred to as the liquidity premium, as the more liquid Treasuries ...
Treasury Bills, or T-bills, are short-term debt obligations issued by the U.S. Treasury Department. They are considered safe investments because they are backed by thefull faith and creditof the U.S. government. T-bills are sold at a discount from their face value and mature at face val...
Treasury notes, and Treasury bills are crucial for both the government and investors. For the federal government, they are a means of raising funds to cover public expenses and manage the national debt. For investors, they are a low-risk ...