2 Question Tuesday – 06/25/2024 – What’s Going On In The Bond Market & How Do You Invest Client Cash And Money Market Funds?

Welcome to 2 Question Tuesday. This week’s client submitted questions were:

  1. What’s going on in the bond market?
  2. How do you invest client cash and money market funds?

Phil, Mike, and Larry talk about the U.S. Treasury market about to break even on the year after a first half which felt like a roller coaster ride. Having fallen 3.4% in April, bonds are now down just 0.1% year to date. They then discuss Morgan Stanley getting sued last week for failing to secure reasonable interest rates on its customers cash balances and how Focused Wealth Management handles client cash.

Submit your questions to question@2questiontuesday.com

As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.

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Host Lawrence Carrel’s books available available at Amazon.com