Hello Bob, I have studied your portfolios designed for fixed income returns and have a question. I noticed that DLTNX, which is in all three portfolios, has a duration of 6.31 years. If we get to the point where the feds start to reduce interest rates, does it make sense to hold longer duration bond funds like this because they will increase in value? I realize the reverse is true from your reminder about duration in each portfolio description. Thanks!
Hey Bob,
It looks like MX is at another low for the year. Do you see this as a buying opportunity?
Hello Bob, I have studied your portfolios designed for fixed income returns and have a question. I noticed that DLTNX, which is in all three portfolios, has a duration of 6.31 years. If we get to the point where the feds start to reduce interest rates, does it make sense to hold longer duration bond funds like this because they will increase in value? I realize the reverse is true from your reminder about duration in each portfolio description. Thanks!
New closing high today in UST 10yr yield taking out the Oct 2022 high
https://substack.com/@bobbrinker/note/c-30254988?utm_source=notes-share-action&r=3lypx