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Turbulent Days Ahead For Bond Investors

Thursday, May 23, 2013 - 7:51 AM
From Kiplingers:
Remember the early 1980s, when Pac-Man and MTV were brand new? That era also marked the birth of a bond-market bull run—a three-decade stretch of strong performance that taught a generation of investors to rely on bonds for steady income and portfolio stability.

... Much darker days are ahead for the bond market, fixed-income experts say, and they'll pose particular challenges for older investors relying on bonds to cover expenses.  Yes, it's "bad," and not in that cool King-of-Pop way.

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