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So, anybody doing any Bonds?
My understanding is if you’re going to trade Bonds you maximize returns in value by doing it right before the interest rate rolls over. I don’t have a ton on of insight into what the fed is going to do, but I think, at least anecdotally the economy is slowing a bit. My uneducated guess is we’re a ways from the top, but who knows. Elections and stuff.
But beyond trading for value, the rate on Bonds might be beginning to be something to look at for capturing the interest. For so long money was cheap and it didn’t matter but surely that’s going the other way.
I Bonds are now at 9.62%. That’s nutty. I think I’ll see what October brings and at least get my kids some money earning a return.
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