Mitch Schlesinger

“So even if the Fed tells us more rate hikes are coming, the yield on a five- or 10-year bond doesn't necessarily have to rise. In fact, if investors believe additional Fed hikes will ultimately slow the economy and bring inflation down, longer-term yields could stay where they are or even decline. If that happens, bond prices could recover and today's tax-loss harvesting opportunity could shrink or disappear,”

Mitch Schlesinger · said date not stated · reported 2026-09-23

Schlesinger explained that longer-term Treasury yields are market-set and could decline if Fed hikes slow the economy.

“You need to look carefully at the individual lots that were purchased.”

Mitch Schlesinger · said date not stated · reported 2026-09-23

Schlesinger advised investors to examine individual purchased lots carefully for tax-loss harvesting.

“Harvesting a loss today doesn't mean you're done for the year. If rates continue rising and new losses develop in other holdings or in the replacement investment, there may be additional opportunities later. Tax-loss harvesting opportunities are something to monitor throughout the year, not a single trade where you have to pick the perfect moment,”

Mitch Schlesinger · said date not stated · reported 2026-09-23

Schlesinger stressed that tax-loss harvesting should be monitored throughout the year, not treated as a single trade.

“I wouldn't try to perfectly time the bottom in bond prices. If there's a meaningful loss today and we can harvest it while maintaining the investment exposure we want for our clients, there's value in taking the opportunity that's in front of us today,”

Mitch Schlesinger · said date not stated · reported 2026-09-23

Schlesinger advised against trying to perfectly time the bottom in bond prices and recommended harvesting meaningful losses today.

“You certainly could wait, and if rates continue to rise and bond prices fall further, you may have another opportunity to harvest an even larger loss,”

Mitch Schlesinger · said date not stated · reported 2026-09-23

Schlesinger acknowledged investors could wait for potentially larger losses if rates keep rising.