Oz investor
Full time employment: Posting here.
I may be the lone ranger here but I believe the Fed totally screwed up the bond market with the interest manipulation in the past 10 years. I got totally out of bonds about 8 years ago. Replaced bond allocation with high dividend blue chips that all paid a minimum of 3%+. Of course running into the best bull market in history did not hurt. Bonds no longer go up when stocks go down and vice versa, in my opinion. I don't feel I can trust them anymore. I have gone in another direction, google JL Collins, simple philosophy and strikes me as well thought out and logical.
then i must be Tonto ,
the US Fed is less important to me due to where i live but the falling quality of interest bearing securities IS ( very important )
i let my allocation in that area , mature ( since all were bought at discounts to face value )
the problem has been finding suitable replacements ( aka , solid divs and asset security against capital loss )
stocks look so easy when there is a strong tailwind blowing ( but what if a storm ruins the fun )