Skip to main content
No. of Recommendations: 0
Bonds prices were up again yesterday for all asset-classes: treasuries, agencies, munis, and corporates.

Across my major, all-bond accounts (roughly $700k face), the one-day gains varied from 0.10% to 0.33%, averaging 0.18% on a dollar-weighted basis. My minor accounts, I’m sure, will show the same pattern. People are scared, and they are fleeing stocks and buying bonds. That’s good for them that already own them, bad for those trying to get in.

A one-day gain of 0.18% would roughly work out to be a simple, annual gain of 45%. But that’s not even on-third of what the stock shorts should make this year, as Obam launches a vicious campaign of class warfare in his effort to create and save jobs, namely his own.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.