Thanks guys. I think I kind of intuitively knew that, given that on up days bonds are generally down and on down days they're generally up. Today, for example, my rr bond etf is way down. So then if the market starts feeling better I'm not going to be seeing the kinds of returns my bond funds and ETFs have shown so far this year - ie, up between 6%-12%.If Europe solves its mess than money will flow out of the bond ETFs and funds and into equities and the bond ETFs and funds will plunge... ?
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