Along with a bear market for stocks, 2022 has, according to Morningstar, been the worst year ever for the bond market. Bond values have fallen up to 30% this year, putting a bigger dent in many retirement accounts that hold bond ETFs. Fortunately, in the current, higher interest rate world, you can invest safely in bonds with attractive yields and eliminate the potential for any losses.
But what goes down often comes back up. And 2023 is looking like a great year to invest in bonds.
This post originally appeared at Investors Alley.