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Bank Of America: Swap A 5.6% Yield For A 6.1% Yield
BACBank of America(BAC) Seeking Alpha·2024-06-15 15:40
jetcityimage/iStock Editorial via Getty Images Introduction As other central banks (in Canada and the Eurozone) have started to reduce their benchmark interest rates, I’m not quite confident the interest rates on the financial markets have peaked. That’s why I'm still expanding my fixed income portfolio as I’d like to further increase my exposure to that pillar while adding duration as some securities in my fixed income subdivision will mature in the next few years. Data by YChartsI have been keeping an ...