I hardly resist buying EDV and making it 10% of my portfolio, even though my portfolio is composed of 100% stock index funds according to my long-term investment strategy.
The news is terrible for the bond market, especially for long-term bonds: inflation is reaching its 40-year high, oil prices are high and could rise even more due to the Russian-Ukrainian war and a possible oil embargo on Russia. Higher oil prices could lead to even higher inflation. The Fed has already announced multiple interest rate hikes over the next 3 years.
And all this terrible news is already priced in the bonds!
I understand that buying EDV today means market timing, but I hardly resist buying it.
Submitted April 14, 2022 at 02:22AM by aramtas https://ift.tt/Z2D5lJA
