Should I Buy Bonds?
by Jeffrey R. Kosnett
Apr 27, 2022
2 minutes
I insist it is folly to quit sound investments because of a bad quarter, but the bond market swoon of early 2022 tests my resolve. When superb stuff such as tax-exempt toll-road bonds, taxable infrastructure municipals and BBB corporates suffer losses of 6% to 10%, that is true shock and awe.
The last time returns took a big
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