Originally Posted by mikes425
Most of the damage already done IMO ... you guys really foresee treasuries like SCHO, TIPS or Ultra Short/ ST bond funds as going down substantially for years to come —from here? So there is nothing in them that you see as having any insurance or lower risk value in the volatility of, say, a 30+% equity crash?
Your thoughts are likely true in the short term. Maybe one or two more rate increases, then a pause. Those increases will give bonds another haircut, but then the market will realize the Fed is likely done because a recession is imminent.
Longer term I think rates rise slowly.
I continue to endorse a ladder vs a fund to ward off NAV erosion and have an interest rate hedge.