The most dangerous myth out there right now is that Treasuries are the key to safe wealth building.
If you’re an investor who has been following a traditional income-style portfolio allocation that includes a lot of U.S. Treasury bonds, then you are likely having a very uncomfortable summer.
Indeed, since the Federal Reserve’s “taper” narrative was first introduced to Wall Street by Chairman Ben Bernanke on May 22, there’s been a virtual bloodbath in the bond market.
Exchange traded funds (ETFs) have changed the face of investing for individuals as well as institutions.
These relatively new investment tools have made it easier to play sector rotations, go short the market or even leverage positions.
Market expects Operation Twist in Sept
On Friday September 2, 2011, 2:44 pm
By Emily Flitter
NEW YORK (Reuters) – U.S. government bond investors see Federal Reserve action to boost the flagging economy as practically a done deal after Friday’s dismal…