Hi Tom, Re: Relatives,
Agreed prices have moved down on both the medium and longer term... But the yield distribution on the funds I hold has not kicked up yet... Best guess is it was a short 28 day month,first business day to last business day in September... Also, they could of sold some bonds earlier in anticipation to raise cash, to redeploy later at a cheaper price... Don't get many buy/ sell signals in bond funds, but I'd wait for a jump in actual distributed yield before taking a shot at it... It's all relative and always about your relatives in bond funds... By definition, as new bonds replace older maturing ones, yield should rise, but it hasn't happened yet for me... I remember my distributions from September 2013 when I first retired, and the few months after that... Vanguard has not got back to those levels since with the subsequent drop in rates after that... Best regards, Ken
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