Another 10yr Corp Nibble

By | September 27, 2017

Given the spike this morning in US rates, i picked up another small lot of 10yr bonds to augement the intermediate income stream.  I am unwilling to extend beyond 10yrs and will stick w/ investment grade.  Today’s add was Kroger 3.7% 2027 with a YTM of 3.804.  My objective is to build maybe 10-20% of my taxable bond position within the 10 yr frame with yields >3.5%.  The other bond i picked up a couple of weeks ago was Nordstrom 4.0% 2027; also purchased just below par.

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