The Bond Market Is Booming (and these 9% Dividends Are the Best Play)
April 04, 2024 at 05:00 AM EDT
It’s no secret that corporate bonds are booming. But what might come as a surprise to some folks is that we’re not too late to get in. Through a group of well-run closed-end funds (CEFs) , we can still tap big corporate-bond yields at a discount. Even perennially gloomy Business Insider (notorious for its overdone calls for an inflation/recession-driven crash in 2022) acknowledges the terrific environment for bonds right now. Recently, BI had to admit not only that “ Corporate bonds are the safest they’ve been in years ,” but that this is one of the best bond markets we’ve ever seen.… Read more