Good Day Everyone
With bond rates having increased, and at the same time having sold a couple of multi unit apartment buildings, I've been assembling a bond ladder of sorts. (I say of sorts because it's set up to fund SOME of our needs, and I've also put a small amount into far dated zero's and TIPS as sort of a "win win" (If rates go down, I get a cap gain, if they go up, just wait for maturity and get 5.5% for 25 years). My question is, now that I have this big unwieldly ladder, is there a tool to efficiently calculate the yield to maturity? Most of these I bought before rates dropped recently, (just before the 10 year tbond topped out at 5%-ish) so most have a little bit of a gain. It would just be nice to see what the expected yield is. (I know with TIPS I will have to plug in an assumption for inflation)
Thanks. I might be missing something simple...it wouldn't be the first time!
With bond rates having increased, and at the same time having sold a couple of multi unit apartment buildings, I've been assembling a bond ladder of sorts. (I say of sorts because it's set up to fund SOME of our needs, and I've also put a small amount into far dated zero's and TIPS as sort of a "win win" (If rates go down, I get a cap gain, if they go up, just wait for maturity and get 5.5% for 25 years). My question is, now that I have this big unwieldly ladder, is there a tool to efficiently calculate the yield to maturity? Most of these I bought before rates dropped recently, (just before the 10 year tbond topped out at 5%-ish) so most have a little bit of a gain. It would just be nice to see what the expected yield is. (I know with TIPS I will have to plug in an assumption for inflation)
Thanks. I might be missing something simple...it wouldn't be the first time!