With interest rates and Treasury yields hitting highs, my investment grade bond ETFs (LQDE & VDCP) have taken a hit, with iShares reporting a 4.47% YTD loss. However, the higher yields appear attractive as long as you believe that the US$:S$ will remain stable. iShares LQDE is reporting a weighted average YTM of 6.2%.
My view is that it is good to diversify and not just hold everything in S$ assets. No one knows what will happen to Singapore in the future. US has been around for 250 years despite all its problems, so in all likelihood it will continue as a going concern in the future. US is probably a good example of being 'antifragile', you can have problems in government but stock market still hits all time highs.
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