Bubbles, Rebalancing and Asset Allocation
May 22, 2012 at 10:58 AM EDT
Remember the bond bubble? This is the prediction that bonds are subject to irrational exuberance and so they’re vulnerable to a crash any day now. Analysts have been warning that the end is near for several years. Meantime, the rally rolls on. The Vanguard Total Bond Market ETF (BND), for instance, is comfortably in the [...]