Bond Yields Quotes & Sayings

The act of the soul, in surrendering itself into the hands of Christ, forms a connecting bond between Him as the Vine and the soul as the branches, which communicates life, strength, nourishment, and beauty. In a word, with a just view of the character, and a supreme attachment to the person of Christ, the believer yields himself into His hands as a full and complete Saviour. Him he receives; upon Him he rests, and rests for time and eternity. — Gardiner Spring

Mortgage securities. Pooled together from thousands of mortgages around the United States, these bonds are issued by agencies like the Federal National Mortgage Association ("Fannie Mae") or the Government National Mortgage Association ("Ginnie Mae"). However, they are not backed by the U.S. Treasury, so they sell at higher yields to reflect their greater risk. Mortgage bonds generally underperform when interest rates fall and bomb when rates rise. (Over the long run, those swings tend to even out and the higher average yields pay off.) Good mortgage-bond funds are available from Vanguard, Fidelity, and Pimco. But if a broker ever tries to sell you an individual mortgage bond or "CMO," tell him you are late for an appointment with your proctologist. — Benjamin Graham

When you look at dividend returns on equities versus bond yields, to me it's a pretty easy decision to be heavily in equities. — Laurence D. Fink