Yields (bond prices decline) in the first half of the year and decline (bond prices rise) in the second half of the year. Exactly like stock prices. Sometimes even commodities follow this pattern.
2006 was no exception. It looks like 2007 is also following the seasonality of the past.
This is no time to be in bonds. We should wait until May-June.
More on www.peterdag.com.
Best.
George Dagnino, PhD
aka Peter Dag
No comments:
Post a Comment