The Flat Future |
| June 20, 2014 | June 2014 Bond Updates |
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I’d like to address individual investors’ general assumption that all long-term interest rates, such as 30-year mortgages and U.S. Treasury bonds, are going to increase—and quickly--once the Federal Reserve begins to increase the Federal Funds rate. The fact is, if history is any guide, long-term muni rates might actually decline once the Fed begins tightening. |
| View more at: http://www.forbes.com/sites/investor/2014/06/19/the-flat-future/ |
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