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After a Terrible Year for Bonds, the Outlook Is Better

Por: The New York Times Business December 11, 2022

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This has been an awful year for U.S. bonds — so bad that 2022 may end up as the worst calendar year in history.But what do the terrible bond returns in 2022 mean for the future?Recall the old warning: Past performance doesn’t guarantee future returns. That’s emphatically true now for bonds.These past poor returns definitely don’t imply that you should avoid bonds now. With some caveats, which I’ll come back to, the fundamental math of... + full article



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