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Fixed income strategy: SSBs or T-bills? My plan.
By A Singaporean Stockmarket Investor (ASSI)  •  March 25, 2023
I know I said I was going to take a break from blogging until end of the month before I blog about my passive income for 1Q 2023. However, my OCD grabbed me again, and this is an update on what I am doing in the fixed income space. Yields fell along the entire yield curve with the Fed's 0.25% interest rate hike decision recently. It was lower than the 0.5% which Mr. Market thought the Fed would implement before the banking crisis unfolded earlier this month. The Fed chose to defend financial stability with a smaller interest rate hike than to fight inflation with a bigger rate hike. Mr. Market interpreted that decision by the Fed as relatively dovish. Apparently, Mr. Market is pricing in interest rate cuts to happen before the year ends. This is despite Jerome Powell's statement that there would be no interest rate cut this year. Well, Mr. Market's argument seems to be that if the...
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By A Singaporean Stockmarket Investor (ASSI)
Have a more secure financial future in an uncertain world by creating a stream of reliable passive income with high yields.
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