Is the Bond Side of Your Portfolio Working Against You Right Now?

Eight consecutive weeks of gains. Treasury yields at near two-decade highs, the Fed explicitly putting rate hikes on the table, and Nvidia reporting $81.6 billion in quarterly revenue — up 85% year over year. The equity market is proving more resilient than the backdrop suggests.Matt is holding his thesis that rates are heading lower eventually. Garrett isn't so sure about the timeline. They find common ground in the Planning Room — where the question isn't about stocks at all, but about whether the bond side of a balanced portfolio is doing what investors think it's doing.In the Planning Room: the 60/40 portfolio, what happened to bonds in 2022, and whether the current setup is asking the same uncomfortable question again.Good Returns is for educational purposes only and is not individual financial, tax, or legal advice. Momentum Wealth is a registered investment advisor.