I have decided to start publishing my Quarterly Client Update Letters as True Vine Letters.
If I had to buy only 1 bond fund today and hold it for 15 years. This would be it.
Owning longer duration bond funds in the current environment is dangerous. History confirms this. In this Letter, I explain an important element of my current strategy for navigating the bond market.
This educational Letter helps investors understand the basics of bonds and places extra focus on explaining why bond prices and yields move in opposite directions.