Ever since the Federal Reserve began increasing interest rates, after 12 years of zero percent, it has been tempting for investors to rush in and lock in the new higher yields. But, the bond market counsels patience, and we think it is wise for investors to heed the message.
Bill Gross lays out a cogent case for why bond and stock markets remain overvalued. Short-term US Treasury Bills remain the one large US asset class offering higher than expected returns.
With inflation hovering near 40-year highs, you may want to consider an investment that can keep up with prices. Here’s how to get started with I Bonds.
Inflation Bonds currently yield 9.62% and are likely to continue to offer great returns in the years to come.