My Favorite Bond Fund for 2024 Yields 7.4%

This two-year interest rate trend is about to turn. When it flips, JPMorganChase CEO Jamie Dimon’s safe, somewhat-secret 7.4% dividend will directly benefit. We’ll highlight the name and ticker of my favorite bond fund for 2024 in a moment. First, let’s discuss why we’re discussing it. For two straight years, the US dollar has rallied relentlessly. Credit (or blame) the Federal Reserve. When the Fed hikes, the buck rallies. But an inflection point is near. The Fed will pause in its interest-rate hikes soon. This means the greenback is near a top, give or take, because it moves along with its best friend, the Fed Funds Rate.… Read more