82.610High82.570Low2.13MVolume82.590Open82.540Pre Close175.96MTurnover0.78%Turnover Ratio--P/E (Static)275.10MShares83.02652wk High--P/B22.72BFloat Cap77.83952wk Low3.12Dividend TTM275.10MShs Float83.026Historical High3.78%Div YieldTTM0.05%Amplitude54.905Historical Low82.583Avg 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.