Bond funds are taxed as if they are shares
On the Money: Small investors penalised for seeking higher yields in US market.
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Hawke’s Bay
Interest rates are continuing to plummet – at the start of the year 10-year NZ government bonds yielded 2.37%; today they are 1.55%.
If that sounds bad it could be considerably worse – some 26% of all sovereign bonds are trading at negative interest rates and total about $US14 trillion.
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Brent Sheather
Sat, 13 Jul 2019
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Bond funds are taxed as if they are shares
Analysis,
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