Investors have been puzzled this year, maybe even disappointed, that the bond market broadly has seen negative returns. How can this be when many money markets and bonds have stated yields of more than 5%? This week, Kent Kramer explains why.
0:00 – Introduction
1:06 – The Mystery of This Year’s Interest Rates
2:38 – What Have Interest Rates Done to Bond Portfolios?
5:57 – The Bottom Line
6:27 – Closing Thoughts