These names have reliably paid dividends for at least 25 years.
Italy isn't going to follow in the footsteps of the Brexit.
The pressure on the stock market this morning isn't Trump-induced, which makes the situation different.
Advisers say investors seeking safety and a yield greater than 3% could consider these two asset classes.
But tighter money may become a worry if the yield curve flattens further.
I like owning July calls in TLT, as the Fed will have a hard time hiking rates 3 more times this year.
The 10-year yield is substantially below where it was in 2007/2008.
Can we stop thinking that the bond market is brilliant on a daily basis?
Speculative action in certain groups is keeping sentiment bullish despite limited moves in the major indices.
Whether it is justified or not isn't the issue, if the idea takes hold we have little choice but to react.