The Case For Bonds

In my last piece we looked at how things are going in the bond market. In summation — rates are up and bonds are down.
There are plenty of market prognosticators who are more informed than me predicting interest rates will rise further from here. The 10-year treasury yield currently stands at 3.3% or so. I’ve seen predictions that peg the 10-year at 4%, 5%, even greater than 6% yields before all is said and …