Wanted to replay this post as it is unusual to have a “Never Before” Event this day and age !
From our friends at Visual Capitalist …
This is pressure for now, but pleasure as our income from our fixed pays out more!
When the Fixed Income market breathes, rates typically go down in a slowdown…. even with the Fed raising short term rates… actually especially when they raise short term rates…
Have a Good “Temporary Pressure Eventual Pleasure” Day!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth