Bond Market Update
Since the second round of quantitative easing (QE 2) was announced by the Fed, US bonds as a whole (whether corporate or government) have been under pressure. It appears that the market is finally tuning into a few facts. The facts being that inflation is already here, rates are going to have to rise, and bonds hold more risk than usual. Typically, bonds are held in a portfolio to limit risk and volatility in a portfolio. In the [...]