🎈 Up Big Today: Find today's biggest gainers (some over 50%!) with our free screenerTry Stock Screener

Fidelity portfolio manager questions fixed-income's Trump tantrum

Published 11/14/2016, 02:48 PM
Fidelity portfolio manager questions fixed-income's Trump tantrum
IEF
-
IEI
-
TYO
-
TYD
-
GSY
-
DTYS
-
TBX
-
UST
-
PST
-
SCHR
-
SPTI
-
TBZ
-
VGIT
-
TYNS
-
DTYL
-
DFVS
-
DFVL
-
  • Add Fidelity Ford O'Neil's voice to that of Van Hoisington questioning whether the post-election surge in interest rates makes sense.
  • "It is all based on speculation,” he tells Bloomberg. "The market has glommed on to the good news about growth, but not how challenging it would be to enact such a program or negatives like restrictions on trade.”
  • Ford is among the managers of the Fidelity Total Bond Fund (MUTF:FTBFX).
  • Three things could undermine the recent run-up in yields: the Fed's commitment to just a very gradual boost to short-term rates, the traditional aversion to budget deficits by a Republican Congress, and overseas buyers who may take advantage of lower prices to scoop up Treasurys.
  • ETFs: IEF, PST, IEI, TYO, UST, DTYS, VGIT, TBX, SCHR, ITE, GSY, TYD, DTYL, DFVL, TBZ, DFVS, TYNS, HYDD

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.