Quote:
Originally Posted by #-3
IOM these rates generally have prevailing directions.
When the direction is down you wait as long as possible, when it's up you go as early as possible. If 9/10 times you "beat/tie" that's really the best you can do.
I think the prevailing direction is still towards down.
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I think there is an open question as to where the 5 year bond yield will go. The government could lower rates while the 5 yr remains about the same or even increases if the trade war is predicted to drive inflation which will drive interest rate hikes.
So if you are looking for fixed over variable it may not get better.