Bond yields on widely watched benchmarks like the 10-year U.S. Treasury bond have recently reached 24-year highs. Higher bond yields are making some investors wonder if now is a good time to buy bonds. The answer depends on "what kind of bonds?" Based on your investment timeline, your risk tolerance, and your overall financial goals, not all bonds are the right choice for every investor. If you want to earn a higher yield on your cash, ultra-short-term bond exchange-traded funds (ETFs) might be worth a look. These bond ETFs let you put your money to work without as much interest rate risk as longer-term bonds.
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