Charts Window on Key Bond Categories

By: Richard Shaw | Thu, Apr 1, 2010
Print Email

Treasury yields are lower than pre-crash levels and will eventually normalize, putting downward pressure on government bonds.

Corporate bond yields are comparable to pre-2008 levels and therefore corporate bonds are somewhat less vulnerable to rate increases than Treasuries.

Intermediate-term bonds have performed better than short-term and long-term bonds over the past 3 years, 1 year and year-to-date. If rates, rise intermediate-term bonds should outperform long-term bonds.

Intermediate-term Treasuries out-performed intermediate-term corporates and intermediate municipals over 3 years, but are down over 1 year, whereas corporates and municipals are up.

High yield corporates under-performed investment grade corporates and municipals over 3 years, but have out-performed year-to-date...

Charts Window on Key Bond Categories

 


 

Richard Shaw

Author: Richard Shaw

Richard Shaw
QVM Group LLC

Richard Shaw

Disclaimer: Opinions expressed in this material and our disclosed positions are as of July 5, 2010. Our opinions and positions may change as subsequent conditions vary. We are a fee-only investment advisor, and are compensated only by our clients. We do not sell securities, and do not receive any form of revenue or incentive from any source other than directly from clients. We are not affiliated with any securities dealer, any fund, any fund sponsor or any company issuer of any security. All of our published material is for informational purposes only, and is not personal investment advice to any specific person for any particular purpose. We utilize information sources that we believe to be reliable, but do not warrant the accuracy of those sources or our analysis. Past performance is no guarantee of future performance, and there is no guarantee that any forecast will come to pass. Do not rely solely on this material when making an investment decision. Other factors may be important too. Investment involves risks of loss of capital. Consider seeking professional advice before implementing your portfolio ideas.

IMPORTANT NOTE: We are a Registered Investment Advisor. We do not sell investments or control client assets. We are professional advisors compensated on an hourly basis or flat fee basis for portfolio management or for our coaching advice. Clients for personal investment advice receive recommendations and guidance tailored to their specific needs. Newsletters and research publications, are not personal investment advice, are generic in nature and should not be interpreted as specific advice for any specific person or situation. In our research, we utilize information sources that we believe are reliable, but do not warrant the accuracy of those sources or our analysis. Research, data and opinions expressed on this site are for information purposes only, are general in character and are not advice specific to any individual investor.

Copyright 2008-2015 by QVM Group LLC All rights reserved.

All Images, XHTML Renderings, and Source Code Copyright © Safehaven.com