The yield curve has enough slope to benefit banks that don't face a lot of credit problems... and the yield curve will steepen further from here, particularly if
the expected nadir of Fed funds drops below 2 %.
If so, you buy the longest noncallable bonds, add keep buying every dip, until rates reach
your expected nadir.
Not exact matches
Labour were at an electoral
nadir in 2009, and so this year they can
expect to see their vote share pick up sufficiently with their national revival.
Like all value investors I have come to
expect that I will be early to the party and begin investing long before the valuation of a security reaches its
nadir.