Bond Prices Go Up as Yields Come Down

Lance: Interest rates just keep going up and they never come down. We're betting that the return to capital appreciation on those bonds, over the next two to three to four years, will outpace the rate of return in the markets. So this is why we talk about asset alocation, sizing. You know, i don't want to put my entire portfolio in a three % bond, you know, because there's other opportunities. But if im locate with that portion of my portfolio yielding three % and guaranteeiy principle, that's a good investment,. At's the nice part about that. As you'r saying you can kind of calculate your max downside, at least nominally