notices - See details
Notices
JR
James Rich, CFA (not verified)
15th December 2022 | 7:43pm

I think you would find somewhat different results if you used U.S. Treasury bonds.

Most actively-managed bond funds tend to reach for yield through lower investment-grade corporate bonds. These do tend to track U.S. stocks more closely than U.S. Treasuries - particularly when stocks do poorly.