It’s not the sexiest part of the market, but Dan decides to break down bonds.
If you look at the benchmark ten-year bond treasury yield, it has tripled since last year.
Bond interest rates are the lowest they’ve been since there’s been data for this, and if the Fed keeps trying to stabilize and suppress rates, the more dire the economic consequences will be.
Dan’s guest this week is Chris Retzler, a portfolio manager at a small-cap growth-fund for Needham Funds Asset Management.
