top of page
Search
  • Writer's picturedreich7
    • Jul 5
    • 1 min read

Bonds Rule

Finding value is always a challenge Equities keep climbing all sorts of negative news both economic and geopolitical. Hard to chase stocks here. Nothing looks cheap.


Except Treasuries With 6 month bills trading close to 5.5% we can afford to wait. While long term housing municipals are trading in the 4.5% to 4.75 %. Short term bills look more attractive


Friday we bought a structured note backed by Barclays 10% yld. Coupon barrier -30% and principal barrier -40%. 3 yr Nc 6


Fed is looking at more hikes even though Europe and China are having significant growth slowdowns. With this uncertainty we will stick with Treasuries

1 view0 comments

Recent Posts

See All

https://www.wsj.com/personal-finance/when-date-night-gets-between-the-spreadsheets-22902d67

We've been buying notes all year. Our 12% notes have been all called. Reinvesting at 11% with barriers down 30%. All on the SPX/RTY/NASD. Why? I think the market will bounce around for a while s

We've seen a tremendous powerful rally since the lows in October and there are signs this will continue. The VIX, a measure of sentiment is under 13 which is very strong. Traders are short , infla

bottom of page