This week saw more of news about the major financial market choppiness. This may be a good time to adjust your asset allocation. The Week’s municipal bond news included:
- Tug of War in the Bond Market | AAII: The American Association of Individual Investors. Marilyn Cohen, the bond guru, talks about the push and pull that is happening in the bond markets and also in the municipal bond market. She recommends shortening bond duration, buying fixed to float or CPI-based individual bonds. Mutual fund investors should rebalanced from long-term funds to intermediate-term mutual funds.