K-12 Tax & Spending Climate: The Cost of Financing Washington Is Surging
The result is rising interest rates, which creates an opportunity for investors who now want to consider owning Treasury bonds, as the Journal’s Jason Zweig notes:
Investors have resumed worrying the Federal Reserve will have to crank up interest rates higher and longer to stifle inflation, after dismissing such fears a few short weeks ago. So long-term Treasury securities have lost about 5% so far this month, and the bond market as a whole is off about 3%
