We looked at the performance of all sorts of fixed-income securities over the past 50 years. Here’s what we found.
With interest rates on the march this year, many investors are looking at bonds again, for the first time in 10-plus years, as a true income-delivering alternative to stocks.
Indeed, while investors have exited equities along with the downturn in that sector, many have sought safety in short-term debt holdings such as money-market funds.
No longer are we in the days of what Wall Street calls TINA (There Is No Alternative to stocks). Instead investors are welcoming the days of TARA (There Are Reasonable Alternatives) with bonds.
The Wall Street Journal
By Derek Horstmeyer
Dec. 3, 2022