Don’t Chase Yields

Andrew Pace

Market Minute

October 12, 2017

In today’s lower rate environment, it can be all too tempting for investors to chase after higher stated yields. As an example, Andrew Pace takes a look at an Agency bond that was issued recently with a structure that does look tempting at first glance. As he walks through the structure, Andrew reminds viewers of the importance of Shape Management®, running total returns, and looking at the long-term consequences of investments.