
Stocks to Watch: Minding the Markets and the Fed
Barron's Live
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Is a 10-Year Treasury Bond a Good Investment?
We're expecting the Fed to get inflation at the end of this year down to a little below 3%, that's core inflation, and beyond its way to 2% by the end of 2024. A 10-year treasury bond here at 4% is attractive. Outright. Hard stop. From there, you're going to be afforded a 4% risk-free coupon while you wait for interest rates to come down. Continue to believe rates will come down quickly in the event of a recession. So I really love the trade. I think it's a great opportunity to get yield and coupon with appreciation upside.
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