SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mark Adams who wrote (24160)10/13/2002 2:40:46 PM
From: energyplay  Read Replies (1) of 74559
 
Hi Mark - The increased exposure to T-bonds and GSE looks like a smart move on Vanguard's part.

If the narrowing of yield spreads is all or mostly on the Treasury side moving up ,and not the corporates moving down, then the value of my news item is MUCH less - it's not a sign of a turning point YET.

>>>Thank you for the useful correction, as I was about to start moving funds for the Treasury & GSE funds to high quality Corporate bond funds.

Grant's Interest Rate Observer note that you can now get a little higher yield on Tax free municipal bonds than on Treasuries. This has only happened about 4 times in the last 25 years, and doesn't last more than 2-6 months.

Another indication that Treasuries are too high priced.
Also an opportunity for those in high tax brackets.

Does anyone have a site which shows charts of yields and spreads ? (not just yield curves)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext