Building a Diversified Portfolio with High-Quality Bonds
Bonds can look boring on the surface. They pay interest on a schedule, they do not always make headlines, and for long stretches they behave like steady furniture in a room full of moving parts. But that stability is exactly why bonds earn a serious role in a diversified portfolio. When stocks stumble, high-quality bonds can cushion the fall. When markets get calm, they can help keep a portfolio from becoming a full-time job of guessing what comes next. The trick is not