Bonds Used to Be the Answer for Retirees Who Needed Income. Then Came the Covered-Call ETF That Pays 4.75%.

Bonds have served as a portfolio diversifier for more than four decades largely because of the long-term downtrend in interest rates. The article implies that this tailwind is no longer as reliable, which is a cautious backdrop for fixed income diversification benefits. The piece is mostly explanatory and does not cite any new event or data point.

Analysis

Bonds have served as a portfolio diversifier for more than four decades largely because of the long-term downtrend in interest rates. The article implies that this tailwind is no longer as reliable, which is a cautious backdrop for fixed income diversification benefits. The piece is mostly explanatory and does not cite any new event or data point.