3min chapter

Many Happy Returns cover image

Mid-Year Market Review: Time To Get Off The Bull?

Many Happy Returns

CHAPTER

The Future of the 6040 Bond Fund

Bonds and stocks used to be negatively correlated, but that broke down last year. Now bonds have a bigger cushion if stock markets fall, their yields can fall more. And I think they're also more attractive on a fundamental basis. If you buy a new bond today, a single bond, you can lock in that pretty high yield for some period of time. So they are maybe keeping the 6040 idea, maybe not exactly in those proportions.

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