They’re the highest they’ve been in years but are bonds cheap enough to buy here? Two strategists disagree
Bond yields are driven by the market’s estimate of the average federal funds rate over the next 10 years, plus some compensation for the risks associated with predicting that. Barclays finds bonds at fair value but not cheap yet.
Bond yields are driven by the market’s estimate of the average federal funds rate over the next 10 years, plus some compensation for the risks associated with predicting that. Barclays finds bonds at fair value but not cheap yet. This story matters for Finance & Markets readers tracking fund. Reported by marketwatch.com. Read the full original at the source link below.
Originally reported by marketwatch.com. FundNews curates and briefs the finance & markets stories that matter. Our editorial policy →