|  Yesterday, I wrote that corporate bonds were poised for a major rebound. There are many reasons for this, but it all boils down to what I said in that piece: "Last year's 13% drop doesn't sound that bad. But in a world where a 3% dip is practically considered bear market territory, this is a 100-year drought." Coming off the heels of bad years, bonds historically tend to do quite well. So rather than head for the hills, I think now is time to load up. I'm not alone in this opinion, either. According to T. Rowe Price, this could be "the most attractive point in years" for bond investors. Barron's says that after a brutal stretch, "now is the time to buy." Morningstar agrees that bonds are "poised to rebound." Read More... |
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