In the Asian session on Wednesday (June 7), the U.S. dollar index fell back from its high level. The latest price of the U.S. dollar was 104.04, a decrease of 0.09%. Institutional analysis For publicly traded bond investments, the current is the best time in more than a decade, because the Federal Reserve may delay cutting interest rates until next year.
The latest from the Federal Reserve:
Stock-like returns can be earned by investing in short-term publicly traded bonds, which yield between 6% and 8%, analysts said. “We haven’t seen this kind of return potential in bonds in 14 years,” said Mark Kiesel, Pimco’s chief investment officer for global credit. “We don’t think yields will be at this level in the next year.” Pimco Chief Investment Officer Dan Ivascyn Agency mortgage-backed securities in particular offer the best opportunity, offering steady returns even if the Federal Reserve stops raising interest rates, he said.
