FYI: Bonds are having an amazing year especially in light of where interest rates began the year. The positive thing for investors in bonds is you have some nice gains thus far in 2019. The negative is eventually those short-term gains will lead to lower long-term returns (assuming rate don’t go negative for years to come).
In this Fortune piece, I looked at the various potential scenarios bonds could see from here depending on what happens to interest rates from here.
Regards,
Ted
https://awealthofcommonsense.com/2019/09/the-best-and-worst-case-scenarios-for-bonds-from-here/