If you are wanting to buy some fixed income right now to sell at a profit when rates go back down when the recession hits, what's better?
5 year CDs at 4.9%-5%
10 year treasuries (4% coupon, yield @ 4.125%)
I guess conventional wisdom is that the 10 year treasuries will appreciate more in the face of falling rates. Thoughts?
5 year CDs at 4.9%-5%
10 year treasuries (4% coupon, yield @ 4.125%)
I guess conventional wisdom is that the 10 year treasuries will appreciate more in the face of falling rates. Thoughts?