Student or Learner
Please clarify the following in red.
If you haven't dumped your munis, good. The worries of two years ago were overdone; there was not a tsunami-like wave of city and state insolvencies. A word of advice if you want to buy bonds right now: stay short term. Don't forget: interest rates will be moving up.
As with stocks, there are all kinds of debt issues from Treasuries to junk, from long to short durations. You now can get bonds from all over the world.
Does the first one mean "buy short-term bonds?"
Does the second one just refer to "bonds?"
And I think the third one means "from long-term bonds to short-term bonds." Is it correct?