By Jeffrey D. Irish We wish you a healthy, happy and prosperous 2017. We thank our many clients and friends for your continued confidence and belief in the Bernardi team, our processes and the way we approach investing in today’s volatile bond market. The Chinese zodiac designates 2017 as the “Year of the Rooster”. The […]
By Jeffrey D. Irish It appears the Federal Reserve Bank is about ready to start raising short-term interest rates. What will happen to longer-term yields when the Fed begins the ‘tightening process’ is anybody’s guess. Anything can happen of course, but perhaps the future movement of interest rates is more predictable than many realize. History […]
By Jeffrey D. Irish Following Janet Yellen’s recent testimony, many investors may just want to wait for Federal Reserve policy makers to raise interest rates before committing money to the bond market. After all, the fed funds rate has been held in the 0% to 0.25% range for years so rates must go up, right? The answer is […]