Why are stocks and bonds both falling?
Ishara S. Kokidara/AFP via Getty Images
Moves sloooooooowly. Has a long life span. Yields regular deposits (presuming a healthy diet of either pet food or gross revenue). It's a turtle! Wait–it's a bond?
The bond market is getting hit hard by inflation and rising interest rates, so today we talk with a personal finance expert to investigate this essential part of a retirement portfolio–and what bonds have in common with the aforementioned reptiles. Strap on your shells!
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