If there is a long period (decade plus) "with rates rising instead of falling", being long on intermediate bond funds would be on the wrong side of the macro trend.Not sure I understand your comment. Are you saying that if there is a longer period of interest rates rising that is why the BHers are on the wrong side? I would think that there is a middle ground, not what we saw the last 40 years but not a steady rise of rates for decades.That's the multi trillion dollar question.Not as bad but not good.
Money can’t be made now like the past with rates rising instead of falling from 15%. A lot of people think bond returns will go back to what we saw the last 40 years and that is just impossible.
If correct, a lot of BHers position would be on the wrong side of a multi-decade trend.
Statistics: Posted by watchnerd — Thu May 09, 2024 8:52 am — Replies 48 — Views 6552