He will move $500,000 of his 401(k) into a bond fund for safety. A 1-point rise in yields can cut about $30,000 without a single default
Quick ReadBond funds carry interest-rate risk: a 1-point yield rise on a 6-year duration fund cuts $500,000 by roughly $30,000 without any defaults.A rate-driven loss could pressure early Social ...
Quick ReadBond funds carry interest-rate risk: a 1-point yield rise on a 6-year duration fund cuts $500,000 by roughly $30,000 without any defaults.A rate-driven loss could pressure early Social ...
This story was originally published by 24/7 Wall St. on MSN. Use the link below to read the full article at the source.
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