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by throw0101a 2135 days ago
> It happened during Coronavirus

I don't know about that:

> The Nasdaq 100 ETF (QQQ) is up an astonishing 25.5% this year during a pandemic and that’s including a 29% peak-to-trough drawdown. But the long-term treasury ETF (TLT) is up 27.3%.

* https://awealthofcommonsense.com/2020/08/why-would-anyone-ow...

Though the article goes on to say the primary reason for owns bonds are:

* Bonds hedge stock market volatility.

* Bonds can be used to rebalance.

* Bonds can be used for spending purposes.

* Bonds protect against deflation.

See also his 2018 Q4 article (when the S&P 500 was in the middle of its 20% correction):

* https://awealthofcommonsense.com/2018/10/the-case-for-bonds/