Tuesday, June 29, 2010

Where's my fixed income?

Sorry, fixed income investors. At least yields will bottom out at zero (unless you are a T-bill in 2008).

30-year under 4%
10-year under 3%
2-year dipped under 0.60% briefly this morning.

1 comment:

William said...

This kind of reminds me of the 80's but the opposite. Back then everyone was saying you shouldn't own stocks because T-bonds yields are so high. Then stocks rallied 1500% in next two decades. Now people are saying you should own stocks and avoid T-bonds because yields are so low. I know it's early for credit crisis round 2 calls, but... negative yields in the future?