Babson notes bond market rise boosts current income
Babson Park, Mass reports a renewed appeal of bonds for steady income as experienced traders grow scarce amid postwar stock craze. A partner at a major firm says many prospects failed to meet the main requirement of experience in bond trading.
MENTIONED IN THIS ARTICLE
Babson Park
Mass
Bonds Come Back Into Fashion Despite Inflation Fears
The article examines the shift in bond popularity after years of inflation and rising stock prices. It notes higher yields around 6 percent attracting buyers, explains past bond losses from low coupons, and argues that current bonds offer solid income with protection against future price drops.
MENTIONED IN THIS ARTICLE
Government
Treasury
Federal Reserve Board
Fed
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