Bond Support

in bond •  7 years ago 

Bonds are the primary tool used to fund governments, and corporations. They are also used to finance churches, schools, and civic improvements of all kinds. This is a big market to say the least. If rates go up, the cost of obtaining goes up. If rates go down bonds are less attractive to investors. a1drjohnthumb.JPG

I think I wrote that correctly. Bond prices are tricky.

Below is a daily chart for bond prices. It reflects the price action for 2018.

bonds2018a.png

Bond prices continue to fall, but the past 2 weeks seem to be mostly flat. This is relatively good. Stable bond prices mean stable interest rates.

Those people who hold adjustable rate mortgages or credit cards fear higher interest rates. Higher interest rates mean higher payments. Falling bond prices mean higher interest rates.

Here is today's beauty.

pink_tree.jpg

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I think adjustable rate mortgages with these rates are not a good investment. I would not invest in bonds at this time with true inflation included you are paying people to borrow your money. We are near the end of the road. Have a nice day.

Beautiful.

I like it
@doctorjohn

that's what you said. I agree with your current opinion. let alone the interest you post it is very interesting. I hope my steemit friends are just like me. thank you for your post. hopefully i can see your post always.

have they come to the end of the road?
as in..no where left to kick the can to?

Kicking cans is what they do. They are pros. I suspect they will kick it or take us to war. Hope not.