I'm in the AGG bond ETF, and i've been reading that bond funds tend to do poorly in a rising rate environment, because new issue bonds tend to pay a higher coupon, making older issue bonds less valuable. At the same time, if the market is efficient there shouldn't be a way to time getting in and out of my bond fund and make money consistently. How do others think about this?
Submitted March 20, 2018 at 10:15AM by AdamSmith1983 http://ift.tt/2IAI5LQ
