With bonds offering their juiciest yields in years, we queried some wealth management pros on where they see the best fixed-income opportunities now:
David Rossmiller, Bessemer Trust: We like longer bonds—10- to 30-year Treasuries—even though their yields are a bit less than the two-year, because these longer bonds have much more price sensitivity to a change in yield. If the 30-year Treasury bond yield fell 100 basis points from 3.9%, where it is today, the price of the bond would go up by over 17%. Add that to the yield, and the total return could be over 20%.
Source: https://www.barrons.com/articles/4-advisors-on-their-top-bond-buys-now-51670034678?siteid=yhoof2&yptr=yahoo