The market moves have been exciting. However as previously written they are not for us. The restriction to income and limitation to buy-write strategies can be frustrating. However, the off-set is the rise in bond yields. Note in the chart below, 1-month yields are up and 1 year yields show a pivoting yield curve. That pivot is at the 2-year - kudos to Ibbotson and Sinquefield.
United States Government Bonds
US Treasury Yields
| 3 Month |
0.0000 |
0.0300 |
0.03% |
+1 |
-5 |
|
| 6 Month |
0.0000 |
0.0900 |
0.09% |
+3 |
-6 |
|
| 12 Month |
0.0000 |
0.1400 |
0.14% |
+2 |
-6 |
|
| 2 Year |
0.3750 |
100-00½ |
0.37% |
+6 |
+5 |
|
| 5 Year |
1.3750 |
99-25¾ |
1.41% |
+38 |
+68 |
|
| 10 Year |
1.7500 |
93-12½ |
2.51% |
+37 |
+85 |
|
| 30 Year |
2.8750 |
88-06 |
3.52% |
+22 |
+75 |
|
Change shown in basis point source: Bloomberg
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