Right now, yields are high because of inflation and what's happening with the Fed. So right now I'm buying discounted bonds because when the Fed reverses course, those bonds will go up in price and yields will come down. The only thing that matters is what's called the yield to maturity. And that factors in the price you're paying today for the bond and the coupon that is paying. It doesn't matter what the coupon is. Never look at coupon other than understanding the risk you're taking and owning the bond.

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