Same thing, long-term bonds. Remember that thread where we were talking about monthly automated strategies? TMF or TYD can be used a strategy. Hide out in TMF when TQQQ has poor momentum the past 3 months. TMF might not go up a lot if TQQQ crashes, but it will likely be flat at the worst. When rates were higher long-term bonds worked extremely well as a stock market hedge. The 60/40 strategy I'm sure you've heard about back tests well the past 100+ years.
About 70% of Vanguards bond funds have a negative total return this year and yield less than 2%. Not a great place for a retiree to fight inflation and get some income to spend.
About 70% of Vanguards bond funds have a negative total return this year and yield less than 2%. Not a great place for a retiree to fight inflation and get some income to spend.