The worst may almost be over for bonds. That's good news for conservative investors
CNN
The first half of the year was lousy for investors as stocks sank, cryptocurrencies crashed and even the supposedly less risky bond market performed poorly.
That bond slump is bad news for conservative investors, retirees living on a fixed income and anyone trying to buy a house. But the worst may be just about over.
Mortgage rates have been spiking along with bond yields, because rates rise as bond prices fall. And bonds have plummeted this year: The benchmark 10-year US Treasury yield has more than doubled in 2022, from about 1.51% at the end of last year to 3.16% currently.
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