Quote:
Originally Posted by Baltimore Jones
What's the rationale for that?
Fund choice = ST/Intermed avoids some of the obvious near term downside from rate increases, especially based on her time horizon. Investment Grade gives a little better return, but isn't as risky/potentially correlated to stocks as something riskier.
US only = why not? The additional credit risk inherent in Intl (and especially EM) bonds doesn't seem to be providing the expected additional return as opposed to US only. I'm a huge fan of allocating to Intl/EM equities, but not so much bonds at this point.
Disclosure = I'm pretty much 100% equity right now. I have a small allocation to High Yield Corp bonds. I also have other assets outside of my portfolio.