a little bit of this, that & the other from one fool to another
Wednesday, December 21, 2016
Bonds Suck So Bad
I just can't get over how bad bonds suck right now. Unless interest rates increase by 2 to 3%, bonds are all, every one of them, a bad deal, and high-yield most of all, with its pathetic 5% yield. Look, inflation is on the rise, okay? The Fed's quarter-point touch up doesn't do the trick. Prices are creeping higher, and the usual Christmas bargains just aren't to be found.