Reported 26 days ago
As the Federal Reserve prepares to lower interest rates, it may be wise to consider reallocating funds from high-yield savings accounts to long-term bonds to lock in favorable yields. While savings accounts will continue to provide solid returns above inflation for the short term, the anticipated rate cuts may reduce their attractiveness. Financial experts suggest employing tactics like bond laddering to maintain a predictable income stream and encourage rebalancing asset allocations, particularly for those nearing retirement.
Source: YAHOO