What is causing U.S. Treasury yields to fall? The global investment management firm PIMCO offers analysis and a near-term forecast. For trust fund recipients, dealing with the trustee can be frustrating. Corporate trustees aren’t always responsive, or even responsible. Terry Doyle covers five ways to replace them. Some people’s success with Bitcoin is like winning the lottery. Should you invest? The Schwab Center for Financial Research has just issued a FAQ about the risks involved.
Why Yields Fell, And What Happens Next — In the beginning of August, the 10-year U.S. Treasury yield had dropped to 1.18%, down significantly from a post-pandemic peak of 1.75% in March. PIMCO believes the decline is due in part to macro forces, including fresh fears about the pandemic hindering economic recovery. Read more…
Five Tips For Dealing With An Unresponsive Corporate Trustee — Irrevocable trusts are often established by a parent or grandparent for the benefit of a child, grandchild or other descendant. Frequently, the irrevocable trust requires that the trustee or at least the co-trustee be a corporate trustee. Here are five ways you can replace them if they aren’t responsible or responsive. Read more…
Bitcoin FAQs From Charles Schwab — News about Bitcoin and other cryptocurrencies have been impossible to ignore lately. Investors hear news about overnight Bitcoin millionaires who lose their fortunes just as quickly. One bitcoin ranged in price from $1,000 in early 2017 to a high of over $63,000 in April 2021, with intense volatility in between. Understandably, investors have questions. Here are answers to some of the most common ones. Read more…
John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller
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