While today’s retirees are far more exposed to market risks than previous generations, shifting macro trends have rendered some traditional sources of retirement stability less reliable. Rethinking retirement asset allocation should include a high dividend, low volatility equity strategy.
Volatile markets and low interest rates have many investors looking for relative price stability and income. GNMAs may help investors seeking these traits, but many are understandably confused about what GNMAs are and how they differ from other mortgage- and government-backed securities.
On October 16, 2020, the central counterparties (CCPs) of the London Clearing House (LCH) and Chicago Mercantile Exchange (CME)
revised the discounting and price alignment interest (PAI) of U.S.-dollar cleared interest rate swaps to use the secured overnight
financing rate (SOFR).