Surveillance: Forget About Fed Cut, says Sahm
Bloomberg Surveillance
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How to Buy a 20 Year Duration 30 Year Muni Bond
Retail investors have been absolutely slammed over the last 24 months of Bloomberg total return index down anywhere from 13 to 15 to 17% of the end of the great bond party. Megan Swiber is extremely acute at this with Georgetown finance and mathematics director of US rate strategy at Bank of America as well. She says you really need to wait until that final fed hike of the cycle to feel more comfortable and confident going long duration.
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