/biz/ - Business & Finance

>>53474105
>>53474090
Right, so looking at the bond market, they're all very highly correlated to each other (which makes sense). One pair that was not correlated was MEAR (short mat munis) and SGOV (0-3m treasuries). Everything else had at least a 60-90% correlation. Mostly grabbed ishares and vanguard

However, SGOV tended to have a negative correlation to the normal bonds (the same way that 3x bear etfs do), and MEAR has a weaker, but still positive correlation to the market.

So I suppose the take away here is to build whatever bond portfolio you want, but hedge it with other assets. That is, you have a lot of freedom to tweak the bond returns/strategy however you want.