Articles make the point that speculator are highy margined (long equities/short 30 yr Treasuries). Anyone reallocating to bonds at this time?
EDV and BTTRX are two investments that move quickly when markets turn and have benefitted from LT rates falling. Article also references Gundlach as bullish LT Treasuries.
the-case-for-buying-treasuries-now?Also, using long dated treasuries as a hedge (volitility control) for you equity investments...a barbell approach:
treasuries-remain-effective-portfolio
Comments
Also sold off a chunk of muni fund holdings in steps in late Feb/early March for the frequent March muni selloff (which has happened again this year), and will put it back in munis if their prices start to rise again in April like often happens.
I think that funds like BERIX , FPACX ,VWELX AND WVINX are especially good at this time. It is better to be in a balanced fund where experienced analysts are working all day long to make the right decision as to how to shift their portfolios ratio between stocks and bonds. Anyone of us could guess but I feel more comfortable to have them guess for me.
prinx
...I also own uncle Jeff Gundlach's DLFNX. It's in the black this year, but barely. I do believe JG certainly knows what he's doing. I'm not surprised that the fund is not lighting the world on fire, since rates have been creeping up from nowhere to just one step outside of nowhere...
I have grown to appreciate Balanced funds in the unsettling environment we are in now.
Let the well paid experts earn their fees. IF you find a few good ones you can make a reasonable return but in bad times they will save you a lot with there watchful eyes.
prinx