Posts tagged ‘Treasury rate’

Tapering, Treasury Rates, and a Series of Steps



On December 18, 2013 the Federal Open Market Committee (FOMC) announced they’d taper their massive bond-buying program by US$10 billion per month beginning in January 2014.  While market participants and analysts had long obsessed over if and when taper would begin, market interest rates had…

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Interest Rates and High Yield Bonds….Correlated?



In a perfect world, a diversified portfolio would have asset classes that are uncorrelated, allowing an investor to maximize return while minimizing risk.  As every high yield portfolio manager has probably told you, high yield bonds have had low correlations with other asset classes, and they can…

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