Are rising rates leading to steep losses in your bond portfolio? It may be time to ditch your total bond market index fund, which currently has the highest duration (or sensitivity to interest rates) in 30 years!
Despite rising rates, bonds still play an important role in your portfolio. The key may be to limit duration and avoid taking undue credit risk in search of extra return.
Source: J.P. Morgan’s Guide to the Markets
PLEASE SEE IMPORTANT DISCLOSURE INFORMATION HERE.