I'm Locking Up To 9% Yield In This Target Rich Environment
Chevron(CVX) Seeking Alpha·2024-05-09 12:41
Vivek VishwakarmaThe current market remains a ‘target rich’ environment for income investors, with many stocks yielding well above the key 3% psychological mark. While it’s tempting to pile money into Treasuries that now yield around 5%, one should question for how long that yield may last, considering that the weaker-than-expected April Jobs Report builds a case for rate cuts this year. As such, buying Treasuries carries reinvestment risk, in which interest income may not be deployed at similar yields ...