2022 was one of the worst years for bond returns. Conservative investors with larger bond allocations in their portfolio would have suffered large paper losses in the face of the fastest interest rate hiking cycle in history. But these losses could mean additional future returns.

The market will eventually pull back — while there are some indicators that allow us to gauge the probability of a correction, we suggest that the best time to prepare yourself for such an event is now.

Strategies which reach for yield often lead to heightened volatility and magnified losses during times of market stress, and if emotions get the better of them, investors will inadvertently sell the assets at the worst possible time.

There are signs that the more than 30-year bond bull market is finally turning.

The financial news is full of shocking pronouncements of doom. Should you be worried yet?