FYI: Investment-grade corporate bonds have been a solid bet over the past decade. From 2008 to 2017, these credits averaged an annual return of 5.7%, compared with 4% for the Bloomberg Barclays U.S. Aggregate Bond Index, according to JPMorgan Asset Management.
While investment-grade bonds should continue to perform reasonably well as long as the U.S. economy holds up, investors shouldn’t get too carried away with the potential benefits from recently passed changes in the federal tax code.
Regards,
Ted
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