Muni Catchup 9/13
by Pat Luby
Ugly is a Strong Word — Part 2
It was a painful day in the bond market (5-day chart of the U.S. Treasury 10-year note is below), so I’m just posting this in case you missed my article yesterday on Seeking Alpha, because it’s even more relevant now than it was yesterday.
Click here to read How Does A Bond Investor Get Defensive.
This is not investment advice. The opinions expressed and the information contained herein are based on sources believed to be reliable, but accuracy or appropriateness is not guaranteed. Past performance is interesting but is not a guarantee of future results. Investments in bonds are subject to gains/losses based on the level of interest rates, market conditions and credit quality of the issuer. Indices are not available for direct investment, although in some cases, there may be ETFs available designed to track some of the indices shown. The author does not provide investment, tax, legal or accounting advice. Investors should consult with their own advisor and fully understand their own situation when considering changes to their strategy, tactics or individual investments. Additional information available upon request.
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