US bonds have been bleeding for 6 straight years now. Longest drawdown in history.
Let that sink in. The "safe" asset that's supposed to protect you during rough times has been underwater longer than most people's attention spans.
This is what happens when rates go from zero to 5% and inflation surprises everyone who thought money printing had no consequences.
The playbook that worked for 40 years — bonds go up when stocks go down — broke. And a lot of portfolios built on that assumption got crushed quietly.
If you're still clinging to the old 60/40 split like it's 2010, maybe it's time to rethink what "safe" actually means in this environment.
Let that sink in. The "safe" asset that's supposed to protect you during rough times has been underwater longer than most people's attention spans.
This is what happens when rates go from zero to 5% and inflation surprises everyone who thought money printing had no consequences.
The playbook that worked for 40 years — bonds go up when stocks go down — broke. And a lot of portfolios built on that assumption got crushed quietly.
If you're still clinging to the old 60/40 split like it's 2010, maybe it's time to rethink what "safe" actually means in this environment.