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November 1, 2019

ETF Trends: Todd Morgan Quoted in "TA 50-Year Treasury Bond May Come Sooner Than We Think"

"A 50-Year Treasury Bond May Come Sooner Than We Think" by Ben Hernandez, ETF Trends.

“If you’re going to buy bonds and you need income, I would keep your duration, [your] maturities, short or very medium short,” said Todd Morgan, chairman and CEO of Bel Air Investment Advisors. “I think it’s too dangerous because rising interest rates — which, they could happen in the next couple years — could do a lot of damage to your portfolio if you start buying long-term bonds.”

Read the full article here.