Sabri wrote: >> in other words, while gold and the S&P pay returns only via capital >> gains, bonds also pay interest? > > If we ignore the dividends to S&P tracking EFTs such as SPYDER, yours > is a correct statement but the long term US treasuries did so well not > because of the coupon payments but because of the capital gains due to > falling long term interest rates.
I don't think so. Yields are a function of going prices. And prices incorporate coupon information. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
