(EP 94) The Teeter Totter

This week on Financial Revelations David goes over the latest Fed meeting where rates are currently holding steady at 5-5.25%; but they left the door open for another rate hike at the beginning of the year. David also explains the bond/interest teeter totter and how the bond market came down slightly on the 10 year note but that the 1 year is still at 5%. Weekly Viewer questions: - Why do bonds lose value when interest rates go up? - Why have you recently changed your tune on bond mutual funds? As always you can listen to David every Thursday on WCRF Cleveland from 8 AM to 9 AM or on the Moody Radio app. Email your financial questions to [email protected] Twitter @skibucks1 Missions information: www.nativosusa.org Instagram: nativos_usa GoFundMe keyword: David Szafranski