The two portfolio Pro Picks bonds should have been bought on the secondary market. Twelve to 16 month maturities yield would be higher than 12 to 16 month T-notes. The potential risk would essentially be the same since both are backed by the faith of the U.S. government. If you bought long-term maturities, hold them until the Fed raises its Fed Funds Rate to 1.25 percent. Then, sell and buy the same bonds on the secondary market for about a one year maturity. The gain from owning the long-term bond for approximately one year should more than make up for the cost of commission.

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