Quote:
Originally posted by Shoplifter@Apr 22 2004, 11:48 PM
How do you guys feel about bond funds now that there are rumours of rate hikes?
I finally sold off the rest of my bond funds today and am now largely liquid. These funds did about 22% for me over the last 18 months, but they are beginning to lose value. How bad will bond funds slip?
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you sold?
well, you sold them to me, I was buying all week long.
as for their slips, I think we had the worst drop for this particular move and now will see some recovery.
I don't see rates moving more than 1 % on the next leg and this is already priced in by the market.