Gov and corporate do not provide the same safety
Updated
Shown: 1 Month performance comparison between 
TLT ( US LT bonds) and two LT corp Bond ETFs 
VCLT HYG.
I imagine many people switched to corporate bonds over the years because the yield on Gov Bonds was just way to low for them and instead of trying to adjust lifestyles we prefer to take more risks. So to some, it might be a surprise that these Corporate bonds can lose a lot a value quickly and do not provide the effect of saving you money in a nasty month as we have now in march 2020.
The DOW is down low 20% from an all-time high now so maybe a good time to adjust your corporate bond allocation a bit.
TLT ( US LT bonds) and two LT corp Bond ETFs VCLT HYG.I imagine many people switched to corporate bonds over the years because the yield on Gov Bonds was just way to low for them and instead of trying to adjust lifestyles we prefer to take more risks. So to some, it might be a surprise that these Corporate bonds can lose a lot a value quickly and do not provide the effect of saving you money in a nasty month as we have now in march 2020.
The DOW is down low 20% from an all-time high now so maybe a good time to adjust your corporate bond allocation a bit.
Note
07/04 Looks likt TLT has been a winner. + 8.83
DJA comes in second up almost 4%
The corp debt etf's havn't recoverd.
VCLT still down -1.44%
HYG -4%
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.