And the dollar is on fire right now. Higher interest rates and strong currencies often go together like peanut butter and jelly.
But it all comes down to safety. Investors are scared of what’s going on in Europe. They are nervous about a slowdown in China. The U.S. economy may not be in fantastic shape. But it’s the best option out there.
“There should be an influx of more foreign capital,” said Guy LeBas, chief fixed income strategist with Janney Montgomery Scott.
–
Morningstar: © 2015 Morningstar, Inc. All Rights Reserved.
Factset: FactSet Research Systems Inc. 2015. All rights reserved.
Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.
