Joe Biden recently kick started his Presidential bid campaign for 2020 with his first rally at Pittsburgh. I am impressed by his presidential campaign and it looks a lot of thought process has gone behind it. Guess which city in the US has been prominently highlighted on my blog. Of course Pittsburgh.
Coming up a special feature on the infrastructure story in the US. This month there would be a lot of vibrancy here. So stay tuned.
I had mentioned about the duration of bonds in my earlier article since I had read a report highlighting the duration of some US sovereign bonds to be 7. (Citation Needed). Duration is nothing but price sensitivity of bonds to interest rates. More on this at a later date.