Given the fragile state of the economy right now, a further spike in bond yields could jeopardize the recovery by making it more expensive for borrowers to get new loans and homeowners to refinance.
Retirees, Break Free From Low Yields. He already has two years’ worth of living expenses stashed in ultrasafe money market funds that offer little in the way of income. He’s planning to replace some of his stocks and real estate investment trusts with a high-quality short-term bond fund that yields about 2.2%.
Long-term mortgage rates are mostly tied to the 10-year Treasury yield, which is determined by bond traders worldwide. and short-term and adjustable rate mortgages (ARMs). In fact, homeowners with.
3 Bond Fund Picks for Retirees.. Susan Dziubinski: I’m Susan Dziubinski for Morningstar.com. Bond funds can serve many purposes in the portfolios of retirees. For one, they throw off much.
Surging bond yields to pinch homeowners and retireesSource: cnbc real estatepublished on 2018-02-26. But, occasionally, the yields invert and short-term bond yields go higher than those of long-term bonds. When this occurs, it is an indicator that a recession will follow within 1 to 2 years.
Erickson Retirement Communities, a senior-housing developer that filed for bankruptcy protection, is scrambling to reassure its 23,000 residents that their hefty entrance-fee deposits aren’t in.
A new crop of mutual funds are designed to help retirees draw a reliable stream of income from their investments. But selecting one of these products involves answering some tough questions. So.
Where Americans Are Moving – RNBO.ORG German EV battery maker Akasol to build first north american plant in metro Detroit. Electrek – Phil dzikiy. german company Akasol, which makes lithium-ion batteries for a wide range of vehicles, announced its plans to open a new manufacturing facility in the metro detroit area. akasol said it’s opening a North
Surging bond yields to pinch home owners, retirees. Richard Leong.. A surge in bond yields that sent stock markets skidding from record highs this month may have ripple effects outside Wall.
Here’s how retirees can fine tune their bond-to-stock allocation Reprinted courtesy of MarketWatch.com. Published: Feb 24, 2016. To read the original article click here. Lots of investors are wary of bonds these days, with the prospect that interest rates could nudge upward again.
The Industry Pulse: Updates on Black Knight, Old Republic, and More. Sparhawk of David Eddings’ The Elenium is a world-weary, cynical knight, old before his time who will readily cooperate with and ally with career criminals against far more terrible evils and readily establish a reputation for savagery in combat to convince enemies not to fight. Nonetheless, he has an ironclad sense of personal honor and dignity, and his bark is generally far worse than his bite.
Then start drying out the house, running fans. is urging homeowners to keep an eye out in the coming weeks and months for what it said were unnecessary rate increases post Hurricane Matthew. “There.