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Old 11-13-2022, 08:31 AM   #1341
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I think you mean "the rate of price increases *has* moderated."
Damn! Caught by the Word Police!
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Old 11-13-2022, 10:12 AM   #1342
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Damn! Caught by the Word Police!
No worries. I think we can let you off with a stern warning. This time ...
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Old 11-13-2022, 10:36 AM   #1343
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No worries. I think we can let you off with a stern warning. This time ...
A moderate attitude indeed ..
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Old 11-13-2022, 01:13 PM   #1344
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Damn! Caught by the Word Police!

The above incidence can be included in the thread "Don't you hate when this happens..."

As I get older, I tend to make more mistakes like the above, and I hate it.
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Old 11-13-2022, 01:32 PM   #1345
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That's what moderate means.
Well, let's not arm-wrestle over semantics, but inflation is a rate and price is an absolute number. Inflation has moderated a bit. Prices, not so much.
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Old 11-13-2022, 01:43 PM   #1346
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I often heard reporters saying "prior to the accident the vehicle was driven at a high rate of speed..."

Why don't they just say "a high speed"? Isn't "a high rate of speed" the same as "a high acceleration", because acceleration means a change in speed.

Is the latter what the reporters meant, or is it the former? I bet they meant the former.
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Old 11-13-2022, 02:05 PM   #1347
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I often heard reporters saying "prior to the accident the vehicle was driven at a high rate of speed..."

Why don't they just say "a high speed"? Isn't "a high rate of speed" the same as "a high acceleration", because acceleration means a change in speed.

Is the latter what the reporters meant, or is it the former? I bet they meant the former.
LOL! I hear echoes from my Physics teachers!
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Old 11-13-2022, 02:06 PM   #1348
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I get irritated when reporters, purporting to be providing accurate information on energy issues, use "kilowatts" or "megawatts" interchangeably with "kilowatt-hours" or "megawatt-hours." Once I hit a misuse of this type in their article, I read no further, as they may not understand what they are writing about.
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Old 11-13-2022, 03:38 PM   #1349
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This choo choo train of a thread has gone off the tracks.
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Old 11-13-2022, 03:43 PM   #1350
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We are just in an entr'acte, waiting for the market to open tomorrow so we can go back to the more serious topic of looking for bond yields.
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Old 11-13-2022, 03:49 PM   #1351
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We are just in an entr'acte, waiting for the market to open tomorrow so we can go back to the more serious topic of looking for bond yields.
Lol. You nailed it. [emoji16]
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Old 11-13-2022, 05:33 PM   #1352
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I get irritated when reporters, purporting to be providing accurate information on energy issues, use "kilowatts" or "megawatts" interchangeably with "kilowatt-hours" or "megawatt-hours." Once I hit a misuse of this type in their article, I read no further, as they may not understand what they are writing about.
Yep, the stupidity involved when they talk about firearms makes my head explode.
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Old 11-13-2022, 06:53 PM   #1353
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On a more serious note, here is Fed rate monitor tool to help make decisions during this "golden period". The tool helps forecast the magnitude of rate hikes going forward based on Fed funds futures. The market is still looking at a high probability of a terminal Funds rate in the range of 4.75%-5% by March 23. But the probability of going beyond that has fallen since the last inflation reading.

https://www.investing.com/central-ba...d-rate-monitor
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Old 11-13-2022, 07:46 PM   #1354
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On a more serious note, here is Fed rate monitor tool to help make decisions during this "golden period". The tool helps forecast the magnitude of rate hikes going forward based on Fed funds futures. The market is still looking at a high probability of a terminal Funds rate in the range of 4.75%-5% by March 23. But the probability of going beyond that has fallen since the last inflation reading.

https://www.investing.com/central-ba...d-rate-monitor
I'm beginning to lower my hopes a little. 5% Treasuries and C. D.'s are beginning to look better..I have a saying that "pigs get slaughtered" Will hold some dry powder for another month but after that I'll be full scale buying..
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Old 11-13-2022, 08:19 PM   #1355
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On a more serious note, here is Fed rate monitor tool to help make decisions during this "golden period". The tool helps forecast the magnitude of rate hikes going forward based on Fed funds futures. The market is still looking at a high probability of a terminal Funds rate in the range of 4.75%-5% by March 23. But the probability of going beyond that has fallen since the last inflation reading.

https://www.investing.com/central-ba...d-rate-monitor

Yet, a year from now they estimate a 66% chance of a Fed rate between 5% and 5.5%. And the chance of a Fed rate staying higher than 4.75% in Nov 2023 is 100%.

In other words they expect the Fed rate to stay high for quite a while.
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Old 11-13-2022, 09:58 PM   #1356
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Well, let's not arm-wrestle over semantics, but inflation is a rate and price is an absolute number. Inflation has moderated a bit. Prices, not so much.
"Well let's not arm-wrestle over semantics but...[attempt at semantic arm-wrestling omitted]."

Now youbet, I have a good sense of humor. The Irony Police, well, not so much.

So, keep your nose clean, huh?

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Old 11-13-2022, 10:02 PM   #1357
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Yet, a year from now they estimate a 66% chance of a Fed rate between 5% and 5.5%. And the chance of a Fed rate staying higher than 4.75% in Nov 2023 is 100%.

In other words they expect the Fed rate to stay high for quite a while.
Sure. But that is not to say mid and longterm rates will not be lower.

I have stated for a year to 18 months that duration is to be avoided. And now about 2-3 weeks about extending maturities.
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Old 11-13-2022, 11:51 PM   #1358
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In other words they expect the Fed rate to stay high for quite a while.
That is what the Fed officials have communicated. They could hold it at that level for the next 10 years and it will be the "golden decade" for fixed income investing. I would be more than happy to roll 6-6.75% coupon high grade notes for the next 10 years in my bond ladder.
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Old 11-14-2022, 10:01 AM   #1359
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On an educational note...how do you "manage" your existing bond holdings (corp, muni, CDs, etc)?

Do you review quarterly or annual financial statements? What would be a red flag (besides the word "dire")? Actively monitor FINRA for Moody's or S&P rating changes? Watch for price increases to perhaps sell short of maturity date?

Can any of this "management" be automated (such as alerts from Fidelity, Schwab, FINRA, EMMA, etc)?

Thanks much for sharing your expertise!
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Old 11-14-2022, 10:18 AM   #1360
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Several here have stated they will only buy bonds at or below par..Assuming one doesn't need the income and is willing to hold to maturity what are the drawbacks of buying above par? I know this has been mentioned before but I've slept since then..Thanks
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