Bonds Are Still Safe — If You Know How to Pick Them

Most investors, from grandma to the mightiest sovereign wealth funds, own bonds to help steady their portfolio and provide a ready reserve for spending. So, it’s notable when prominent voices start questioning their safety.

Everyone from Ray Dalio and Janet Yellen to Jamie Dimon and China has worried recently that the US’s mounting debt and unruly deficits could sour investors on Treasuries. There are also concerns about companies loading up on debt that some will struggle to pay back.