Why Fed Bailouts Are Good News for This Inverse Bond Fund
Sep 17th, 2008 | By Martin Hutchinson | Category: Featured, Financial NewsDespite the chaos on Wall Street, the Fed yesterday left its benchmark interest rate on hold at 2%.
Martin Hutchinson says the Fed has finally starting doing its job: putting price stability over Wall Street’s demands. Real interest rates are negative. This is feeding inflation. It also means Treasury bond yields - also currently below the rate of inflation - are too low and should begin to rise again.
Martin says investors can profit from this situation with the Rydex Juno Inverse Government Long Bond Strategy (MUTF:RYJUX).