The Bond Market Cares About You Even if You Don't Care About It
The Dividend Cafe
00:00
Bond Yields Are Going Higher, Not Staying High
You have to believe that these expectations for nominal GDP growth are going higher, not staying high. And so even if it remains elevated relative to past periods, at some point the Fed funds rate comes down. Ergo, I think that one is in a position where bond yields are likely to come lower and that provides portfolio benefit if we properly understand this.
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