Schwab Clients Observe Price Decline in Bond Market

Kathy Jones, chief ix income strategist at the schwab center for financial research. Kathy a given bonde t f is down 16 % in price, nine % annualized. Big loss. What are you observing from your client as they enjoy price decline? Well, i now sure they're enjoying brie's decline ind bon funds. But what we are seeing is am investors trying to take on a little more income by going into longer duration bonds. And this has been our call recently, to start gradually adding some durationss ls go up because you have the opportunity now to get some relatively attractive coupons that are often below par.