Take profits on LQD, buy IEF

It is not often you can make a quick five percent in your bond portfolio, but if you bought LQD in the $92ish range earlier this year and sold your IEF, it is time to reverse that trade, take your profits on LQD and position yourself for a helping of the coming rally in Treasuries as this rally is tested.


Posted by Bradley Fluetsch at 5/13/2009 5:48 AM
Categories: Speculation
Tags: buy corporate Treasury bonds profits make money gift horse sell fixed income reduce risk
 

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