Tuesday, August 8, 2023

Juicy Interest Rates Juiced

I pulled the trigger on a 3 year agency yielding 6.000%. I have some other T-bills maturing soon so I might commit a little more in the 2-3 year duration range. Money markets still look great short term until we get a definitive signal from the Fed that the hikes are over. I plan to follow the fattest part of the curve as it eventually moves out. EDV has been slaughtered over the last three years and is near all time lows. It's a riskier play, but could be a nice booster when it is clear the rate environment has changed. That may not be clear until next summer or later.

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