82.480High82.420Low6.42MVolume82.440Open82.410Pre Close529.67MTurnover2.32%Turnover Ratio--P/E (Static)277.00MShares83.02652wk High--P/B22.85BFloat Cap77.64652wk Low3.12Dividend TTM277.00MShs Float83.026Historical High3.78%Div YieldTTM0.07%Amplitude54.905Historical Low82.458Avg 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.