81.850High81.800Low1.26MVolume81.850Open81.770Pre Close102.87MTurnover0.46%Turnover Ratio--P/E (Static)272.90MShares82.19052wk High--P/B22.32BFloat Cap78.64552wk Low3.21Dividend TTM272.90MShs Float82.190Historical High3.92%Div YieldTTM0.06%Amplitude54.352Historical Low81.817Avg Price1Lot Size
Georgehx : What do you mean?
Derpy Trades OP Georgehx : JP Morgan and at least one other major bank are selling off while Treasury yields are falling. That tends to be a strong sign of flight to safety.
Georgehx Derpy Trades OP : You’ve got a valid point but I’m holding mainly bonds atm bcz of the volatility in market rn & bonds tend to rise when interest rates fall so doesn’t really matter 25 or 50 basis points, bonds esp longer ones will do well am I right to say that?
Derpy Trades OP Georgehx : The bond market is very complex, and so that is a very difficult question to answer. In most scenarios bonds will rally when or even in anticipation of rate cuts, but if there were ever a black swan event in which the Fed had to monetize our government's debt, long-term interest rates would likely skyrocket and bonds would depreciate quickly.