For cash that you don't mind being locked up for 10 years, would you buy 10 year treasury bonds now at 4.7% yield or wait a bit hoping that the interest rates go up further? Current money market yield of 5% isn't looking bad to wait a bit. The only reason to buy the 10 year now is if you think the yields will drop, which could happen even if Fed doesn't cut interest rates but the market's confidence in the economy improves. What would you do?
Submitted October 02, 2023 at 12:45AM by getyoutogabba https://ift.tt/ALnbQyN
