Long-Term Bonds Have Record Year in 2019
January 15, 2020 at 11:19 AM EST
Long-term, short-term, municipal, Treasury, high yield, investment grade—it seemed wherever category of bonds investors allocated their capital, they were winners in the bond market. Long-term bonds, in particular, had a record year in 2019—in fact, their best year in the past decade. “This past...