If interest rates were to rise to the levels of the period from Oct '79 thru Oct '85, would you buy bonds?
I noticed that the 10-year treasury averaged* 12.1% yield during that period. If, knowing what you know now, that happened again, would you increase your allocation of treasuries? Maybe lock in the dreaded annuity?
*Simple average of monthly ending yields from Oct '79 thru Oct '85.
I noticed that the 10-year treasury averaged* 12.1% yield during that period. If, knowing what you know now, that happened again, would you increase your allocation of treasuries? Maybe lock in the dreaded annuity?
*Simple average of monthly ending yields from Oct '79 thru Oct '85.