And if an individual has the wherewithal to go find that Web site and look, they'll see some of the pricing. They'll be amazed. You would be amazed to see the difference. You'll see bonds that traded, and you'll see the same name trading again at a wildly different price. But I would focus on the heightened income.
Every time rates go up by a full percentage point, there's less risk in the market.
I don't know that the Fed is done with its work. But when they finish raising short-term rates, the economy probably will have slowed, and that's probably a good time to be holding bonds. The McGraw-Hill Companies Inc. All rights reserved.