Ep 83: Are Bonds Broken? What the Worst Decade in Treasuries Really Means
For years, bonds were viewed as the boring, dependable part of a portfolio—but the last decade has challenged that assumption in a big way. What happened exposed risks many investors never really thought about, while also creating a very different opportunity set today.
In this episode, we'll look at what changed, why it matters, and how investors should think about bonds going forward.
WHAT YOU'LL LEARN:
Why "safe" refers to credit risk, not day-to-day price stability.
How duration measures a bond's sensitivity to changes in interest rates.
What caused long-term Treasuries to lose 20-30% or…
The skinny
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