Quote:
Originally Posted by retiredguy123
While interest rates are rising, buy only short term bonds and CDs, 2 year duration or less.
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This was definitely the right approach for the last 12 months. The question is will it continue. If you look out on the yield curve, it doesn't seem like it will last. I think we have another 3-4 months of higher highs on yields and then I'm locking in the rates for 5-7 years.