Forget Dow 10,000... Agg 3-0-8!

We have a new milestone to watch... the Barclays Capital Aggregate Bond Index (i.e. the most popular US dollar fixed income benchmark) closed at a mere 3.08% on May 21st. That is the lowest level EVER (well, at least since the benchmark's January 1973 inception).



It has since "spiked" to 3.20%.

More on how to add incremental yield here and some perspective on investing in a low return environment here.