Don't Overlook Ginnie Maes - Kiplinger.com.
A follow on to an earlier post - if you're a holder of Treasuries and concerned that rising yields on new issues will decrease the value of your current holdings, Ginnie Mae's should be considered as an alternative. As always, the ultimate decision should be based on each investor's personal situation. Review this article and decide for yourself. They can play a useful role - a yield roughly equivalent to 30 year T-bonds with a duration of less than 3 years is very attractive.
A follow on to an earlier post - if you're a holder of Treasuries and concerned that rising yields on new issues will decrease the value of your current holdings, Ginnie Mae's should be considered as an alternative. As always, the ultimate decision should be based on each investor's personal situation. Review this article and decide for yourself. They can play a useful role - a yield roughly equivalent to 30 year T-bonds with a duration of less than 3 years is very attractive.
