Stocks, Bonds, and Interests Rates…Oh My!
“We’ve enjoyed these low interest rates and that just encourages growth in stocks and growth in the economy. Bonds haven’t served us well because we haven’t been getting a good yield and as interest rates go up, the price of bonds go down. So, It’s been very, very difficult to be a bond investor for the last 15 years. But, welcome back bond market. When we see Treasury yields at 4.5, 4.6. 4.7 % – that’s very normal. So, the 10-year Treasury isn’t high, it’s normal. And the stock market is just getting acclimated to that and so should we.”
– BARRY M. CORKERN
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