Thursday, November 21, 2024

If ‘Magnificent Seven’s’ stock swings are stressing you, think about their bonds

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Investors losing sleep over the dramatic loss of market capitalization for the stocks of the Magnificent Seven group of companies this week might consider another option: buying their bonds.

Even after the group lost a combined $233 billion in market cap on Tuesday, bond spreads and prices have remained fairly steady and are still close to where they were at the beginning of the year.

Master your money.

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