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In recent quarters, we have witnessed a dramatic shift higher in interest rates, a move that investors should not fear but embrace. Bonds are now all the rage.
In recent quarters, we have witnessed a dramatic shift higher in interest rates, a move that investors should not fear but embrace. Bonds are now all the rage.
Bond investors like to cheer falling rates, but higher interest rates are actually good news for investors because it s yield that primarily drives bond returns.
Being a bond investor over the past two years has been brutal as the bond market, measured by the Bloomberg Aggregate Index, declined 13% in 2022 and is down…