
BlackRock Says Government Bonds Now Pay Steady Interest
BlackRock Investment Institute upgraded U.S. Treasuries — loans to the U.S. government — in its Oct. 11 weekly commentary, preferring short-term bonds. Higher yields, meaning more yearly interest for the price paid, improve potential returns, it said. For savers, that means locking in steady interest now. I'm skeptical of timing calls, but the income math is straightforward.
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