Yields are moving in a good way. Short term bond funds like The Vanguard Short Term Bond index (symbol BSV) … have also lost money in the last 3 months as interest rates have moved up. (The price has moved from 79.71 to 77.04 for a loss of $2.67 .. or a loss of 3.3%). Short term bond funds are not immune to rapidly rising rates …
I like short term US treasuries now.
Today you can buy:
6 month treasury with a yield of 1.51%
9 month treasury with a yield of 1.88%
12 month treasury with a yield of 2.18%
You are guaranteed not to lose money on these as long as you hold them until maturity.
I purchase online at Fidelity. But there are many other places to purchase these.
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