Moving from tlt to ltt
Posted: Wed Mar 27, 2013 6:41 pm
Hi
I'm new to the pp theory and am in the process of implementing the portfolio
I'm considering moving from tlt to 30 year treasuries purchased thru my schwab account
In talking to the bond desk today, a basic question arises , should I but the cheapest lowest yield treasury I can or buy one closer to par at today's rates ?
I'm thinking cheaper is better as I won't hold these for more then 3 to 5 years ?
Or should I hold off doing anything now based on the current rates
Thanks very much
I'm new to the pp theory and am in the process of implementing the portfolio
I'm considering moving from tlt to 30 year treasuries purchased thru my schwab account
In talking to the bond desk today, a basic question arises , should I but the cheapest lowest yield treasury I can or buy one closer to par at today's rates ?
I'm thinking cheaper is better as I won't hold these for more then 3 to 5 years ?
Or should I hold off doing anything now based on the current rates
Thanks very much