Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Dimon Sees Treasury Yields At 5%; ETF Investors Aren't Buying It

FYI: JPMorgan Chase & Co.’s Jamie Dimon may think that benchmark Treasury yields could hit 5 percent or more. But try telling that to ETF buyers.

Investors are piling into exchange-traded funds tracking areas that traditionally do well when interest rates stay low, like real estate investment trusts, utilities stocks and long-dated Treasury bonds. It’s a risky bet that yields will stay low, according to Chris Zaccarelli, the chief investment officer at Independence Advisor Alliance. The logic is that as warnings of trade wars increase, some investors are speculating the disputes could cause the Federal Reserve to scale back its plans for future rate hikes.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-09-14/dimon-sees-treasury-yields-at-5-etf-investors-aren-t-buying-it?srnd=etfs
Sign In or Register to comment.