- Nov 8, 2022
- 3 min
A Good Entry Point for Income Investors
The Fed’s muscular effort to bring inflation under control has had repercussions across the investment spectrum. For example, one important effect is that high-quality fixed income is now a more credible alternative to equities. On October 25 the two-year Treasury yield stood at 4.47%, up from 0.73% on December 31, 2021. The last time prior to 2022 that the rate was at that level was 15 years ago. We know that August 9, 2007, was not an especially good moment to jump into a
