Wednesday, December 21, 2016

Bonds Suck So Bad

I just can't get over how bad bonds suck right now. Unless interest rates increase by 2 to 3%, bonds are all, every one of them, a bad deal, and high-yield most of all, with its pathetic 5% yield. Look, inflation is on the rise, okay? The Fed's quarter-point touch up doesn't do the trick. Prices are creeping higher, and the usual Christmas bargains just aren't to be found.

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