yes, and alot of spin Dr.'s ( Cloumnist etc. ) comming out of the woodwork, as they do during every Bear market ( and Annuity Salesmen too )...
All I know is what My Treasuries and GNMA bonds have done since past 9 yrs and that's about 10% on the Treas and 6.4% on the GNMA's and I didn't count on any of my Bonds in my retirement to do better than 6% apy..for Financial Planning ...
Treas paid off very well in the previous Bear yrs of 00-02' and of course last yr...
Me? I'm waiting to see when we get hyperInflation, "Bernekeet" Does what Greenspan Said he should of done and raised rates and see how High Bernekeet has the Gonads to raise those rates... maybe 8-10% For 30 yr LT Treas, like in Carter Yrs, would be nice..
For Recvoery Yrs? It's Been move the Bond $ into EMarket Bonds ..worked In the Last recovery of 03' & 04', should repeat again this time around ( already about +8% YTD )
But then again, Bonds ave 6%, Equities ave 9% and Those Equities are at 15% CG's, not like those Bonds being at your Income Tax Rate is or will be when you retire..
So, I wouldn't go Jumping into all bonds just because of last yr....At the Most? A conservative Balance Fund Like a PRPFX, HSTRX or OAKBX