My Four-Year-Old is Smarter Than This Bond ETF

“Daddy. Can you come play with me in the playroom?” my four-year-old asked. “Sure. I’ll be right in,” I said. “Once I get done unloading the dishwasher. Would you like to help me unload?” “No thanks,” my daughter replied. No surprise, but one day I hope to catch her off-guard. She walked to the playroom. Barely. And reappeared. “Daddy. You’re taking for ages .” For ages is the equivalent of forever in our house. I think. Then again, given her level of exasperation, she could be telling me I’m taking longer than forever. She’d make a good bond trader. With long rates rising every day, few income investors want to hold any bonds for any amount of time.… Read more