The 10-year Treasury rate has sunk to around 4%. And we’re going to cash in.
No, we’re not purchasing Uncle Sam’s sorry paper. Instead we’re picking up a basket of ridiculously cheap bonds paying more than 2X the beaten-down payout on the 10-year.
And the lower Sam’s rate falls, the more we profit, since bond prices rise as the 10-year yield, pacesetter for rates on loans of all types, drops. Our play here is through closed-end funds (CEFs) like the two we’ll discuss below, yielding up to 10.3%.
Why Treasury Yields Are On the Mat
There are lots of reasons floating around in the media about why Treasuries are falling, a “slowing” economy chief among them.… Read more

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