The State of the Bond Market
As we saw in March, investors often turn to bonds to cover their losses when the stock market becomes volatile. Bonds are a finite resource, however, and a rise in bond investors results in a lower yield.
In this episode of Your Money, Leo Daprile of Gem Young Insurance and Financial Services in Canfield explains the current state of the bond market.
“The market has reached a point where investors are gaining confidence and we’re much more optimistic about 2021,” says Daprile.
To learn more, watch the video above.
Original Air Date: Dec. 8, 2020. Every Tuesday during the Dan Rivers show on AM570 WKBN, Gem Young President Leo Daprile hosts a radio show called Your Money. Daprile brings his vast knowledge of all things “money” to discuss the topics in language everyone can understand.
About Gem Young
We’re a family business that does business with individuals and families who require comprehensive risk management for their wealth and their assets. We believe clients want professional advice at a fair value and we deliver that by leveraging our reputation of professionalism, integrity, teamwork, and a get-it-done-right-the-first-time attitude. We believe in making a difference in our clients’ lives.
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