The money managers at PIMCO, the big bond mutual fund
company where McCulley works, are predicting that the yield on
the Treasury’s 30-year bond, which was revived by the government
in 2006, could fall below 4 percent in the next three to five
years. It was at 4.81 percent at the end of 2006. How tempting is
it to tie up your money for 30 years for an annual return of 3.5
percent? You’ll just have to look elsewhere and try a new dance
step with the risk in your portfolio.
company where McCulley works, are predicting that the yield on
the Treasury’s 30-year bond, which was revived by the government
in 2006, could fall below 4 percent in the next three to five
years. It was at 4.81 percent at the end of 2006. How tempting is
it to tie up your money for 30 years for an annual return of 3.5
percent? You’ll just have to look elsewhere and try a new dance
step with the risk in your portfolio.
Комментариев нет:
Отправить комментарий