i invested in vanguard bond fund in first wk of april and they are up ~10%..I am bailing out on long term bonds & corporate bonds now..only have intermediate term bond w/5% yield.
If stocks take another leg down, corporates spread will widen again
John The answer is YES, your OK, they can move like that. Actually I would say you were a little late in making the move, but thats OK, your in a good position right now. BUT, you need to study up on this & learn when is the time to switch back into stocks OR at least a 50/50 deal. Dan
JohnVP, I think you have to look at the fund and see what's in it. It sounds like it's got a bunch of corporate bonds. If so, spreads ought to be widening if we're correcting down, which would not be good for the fund. Check the content.