Displaying items by tag: yields

(Washington)

Jennifer Johnston, head of municipal Bond Research at Franklin Templeton, laid the details of what exactly the Biden Administration’s infrastructure plan…see the full story on our partner Magnifi’s site

(New York)

Residential real estate is one of the most popular alternative investments for Americans…see the full story on our partner Magnifi’s site

(New York)

The last year has been rough for annuities rates. The big drop in yields once the pandemic took hold meant annuities providers had to quickly and sharply cut their rates. But at the same time, the need for annuities has never been higher, given volatility and increased rates of retirement as Baby Boomers age. So where can one find the best annuities? Check out Fidelity, Allianz, New York Life, USAA, and MassMutual. For example, Allianz has no annual fees on their fixed index annuities. New York Life offers some very strong variable annuity options, including the ability to withdraw 10% of the account without penalty, and a minimum account value of only $2,500.

FINSUM: More and more advisors are moving into annuities as client need is rising. This has led to innovation in the space (such as no-commission annuities for RIAs) as well as more product creativity.

(New York)

After a consistent rise in yields in late February and March rates are finally falling. However…see the full story on our partner Magnifi’s site

(New York)

The big inflation-driven bond sell-off has decidedly ended. In fact, bond yields have fallen considerably (with prices rising) over the last few weeks. The gains have prompted some investors to wonder if it is time to jump back into the long-term bond market. Goldman Sachs and Bank of America say an emphatic “no” to that idea. Goldman said the market moves this month have been “Noisy (and potentially temporary)”. They do not believe that yields will continue to fall, only that the chances of a big overshoot of how high they go have diminished.

FINSUM: Yields still seem likely to trend higher, but the market has bought into the idea that the Fed is not going to taper support any time soon, which means the lid is now on long-term yields much more tightly.