2min chapter

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The Fed is Making a Mistake (EP.252)

Animal Spirits Podcast

CHAPTER

The Worst Acting of All Time

A bond fund is literally a fund of individual bonds. Those bonds within that fund are gong to mature, whr hrgoingto be traded for bonds with higher yield. So it's effectively the same thing. It's just, i guess you could say like a ladder of bonds actually could provide a better protection against rising rates. But either way, there's rate risk either way.

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