It's Getting Late To Leap Into BondsBy
It's almost like a gold rush. Since the Federal Reserve began pushing down interest rates last August, the bond market has staged a dramatic rally. The scramble to buy in has helped send yields on long-term Treasury bonds to 7.88%, their lowest level in almost two years. Those who were already holding bonds can smile all the way to the bank. Those considering joining the rush, though, face the eternal bond-market conundrum: Do you stay short-term to wait out the rally? Or do you lock in the highest yield you can find? And with the myriad bond investments to choose from, where are the best rewards for the risk?
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