Higher Interest Rates are Definitely (maybe) Coming (eventually). Should I Sell My Bonds?

The thing I find most interesting about investing is how paradoxical it is: how often the things that seem most obvious—on which everyone agrees—turn out not to be true.” --Howard Marks, Co-Founder Oaktree Capital Management You may have heard the saying that “economists (and/or markets) have predicted 9 of the last 5 recessions.”  Perhaps then, [...]

Inflation and Interest Rates: TIPS

In a recent blog post on low-risk investments for an inflationary environment, we focused on Series-I Government bonds, highlighting their purchasing power protection, their unique taxation benefits, and their marketability and liquidity profile.  We also briefly mentioned TIPS (Treasury Inflation Protected Securities), a close relative of I-bonds, which are another variety of government issued bond [...]

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