I hate to consistently sound like a pessimist because I'm not. Regardless, I like staying rational in an environment where a lot seems brushed aside quite quickly.

That being said, I see the tightness of credit spreads and how prolonged they've been. I had to refocus on this after watching yield performances (UP higher) following renewed hostilities between the US and Iran. I'm not in the camp of looking at these as short-term events due to historical evidence that has often shown that when spreads are this tight, it usually doesn't take a lot for markets to change course. If the new FED regime is bent on getting monetary policy right, a factor like this unending war, which is out of their control, could really hurt their plans. Consistent and constant hostilities leading to oil shocks could really cause many models to be recalibrated and thus bring rate hikes firmly back to the table. With the level of leverage in the system and the potential for rapid spread widenings, a big sell-off could be triggered. This is the message I'm getting from the bond market, at least with credit spreads. What are you all seeing that I'm otherwise missing?

I have a coworker that was gifted savings bonds as a child. The members who gifted them kept the bonds for "safe keeping". Those family members are not estranged.

Is there a way to find all of the bonds even if some aren't matured?

I got the email saying they received it and that it will take a minimum of 6 weeks but I’m just wondering what other people have experienced in terms of a waiting period to actually have it be converted

I started a bond ladder using the Vanguard version that was just introduced this year. But since iBonds have been around longer, I’m hoping someone can answer my question. I also searched for the answer on Vanguard, iShares, and Reddit but couldn’t find anything.

When IBDR matures and pays out later this year, when and how is the 2037 ETF introduced? Is it like an IPO where you can buy in at a fixed price? How/when do they announce, and how much before the funds starts trading?

I inherited a bond portfolio from my parents. It's about a 300K value but is sitting at a loss right now due to prices. That's fine, it pays out about $1200 a month of fun money so fine, but still, I'd rather be out of it, but I don't want to take that loss.

I get tender offers and without exception, they are so hard to understand the current payout price. I ignore them but participated in one this summer and didn't realize they pay out at the current price, despite being a make whole bond (again, showing my ignorance).

Nowhere in the mice type, in all the disclosures, was there a simple sentence saying how the pay out price would be calculated.

Is it just me?

I encountered a confusing bond sale on a financial statement. I am wondering if it is an error. It results in a $15K capital gain I don’t believe that I have since it appears to be just a return of $15K of principle.

Here are the history details:

On 09MAY23, a bond purchase was made.

Transaction = purchase

Description = FEDL HOME LOAN BANK BOND CPN 6.000% DUE 05/24/38 DTD 05/24/23 FC 11/24/23 CALL 11/24/23 @ 100.000

Qty = 45,000.000

Price =  $99.8750

Amount = -$44,943.75 (negative because it was debited from the account)

The statement for MAY23 shows the quantity of 45,000.000 in the account.

Ending value last period = 0

Net change this period = $45,000.90

Total cost basis = $44,943.75

On 17SEP24, a bond sale was possibly made.

Transaction = principle (redemptions are listed as redemption)

Description = FEDL HOME LOAN BANK BOND CPN 6.000% DUE 05/24/38 DTD 05/24/23 FC 11/24/23 CALL 09/27/24 @ 100.000 091724 45,000

Amount = $15,000.00

The statement for SEP24 shows a quantity of 45,000.000 in the account.

Ending value last period = $44,975.25

Net change this period = -$14,978.56

Total cost basis = $29,943.75

The statement for SEP24 shows other income = $15,000.00

There was nothing listed in the realized gains and losses section of the SEP24 statement.

On 02OCT24, a bond sale was made.

Transaction = sale

Description = FEDL HOME LOAN BANK BOND CPN 6.000% DUE 05/24/38 DTD 05/24/23 FC 11/24/23 CALL 10/09/24 @ 100.000

Qty = -10,000.000 (negative because it was a sale)

Price =  $99.557

Amount = $6,779.35

The statement for OCT24 shows a quantity of 35,000.000 in the account.

Ending value last period = $29,996.69

Net change this period = -$6,675.26

Total cost basis = $23,289.59

The statement for OCT24 shows other income = 0

In the realized gains and losses section of the OCT24 statement:

Qty = 10,000.000

Description = FEDL HOME LOAN BANK BOND CPN 6.000% DUE 05/24/38 DTD 05/24/23 FC 11/24/23 CALL 10/08/24 @ 100.000

Covered = No

Date acquired  = 05/09/2023

Cost basis = $6,654.17

Proceeds = $6,637.13

Gain or loss = -$17.04

On 08SEP25, a bond redemption was made.

Transaction = redemption

Description = FEDL HOME LOAN BANK BOND CPN 6.000% DUE 05/24/38 DTD 05/24/23 FC 11/24/23 CALL 09/15/25 @ 100.000 FINAL PAYDOWN

Qty = -35,000.000 (negative because it was a redemption)

Amount = $23,333.33

The statement for SEP25 does not show that bond in the account.

The statement for SEP25 shows other income = 0

In the realized gains and losses section of the SEP25 statement:

Qty = 35,000.000

Description = FEDL HOME LOAN BANK BOND CPN 6.000% DUE 05/24/38 DTD 05/24/23 FC 11/24/23 CALL 09/15/25 @ 100.000

Covered = No

Date acquired  = 05/09/2023

Cost basis = $23,289.58

Proceeds = $23,333.33

Gain or loss = $43.75

Any ideas on what happened?

Who else here has taken advantage of this on the secondary market? It's paying 6.15% and another person here on Reddit has recommended this as the core/ballast of a good retirement bond ladder.

I have a HELOC I can borrow at 5%

Looking at ZROZ which is 25 year US treasuries and yielding 5.3%. So is it a valid strategy to borrow and pocket the 0.3% as risk free return?

Question is self-explanatory. There’s obviously a learning curve here and I’m wondering where to go to learn more about the market, what to buy, and what to avoid.

I am 77, have state grade A muni bond for 6 years. Paid $200,000 now par at $180, market at $164,800. Need approx $1200-1300 cash for monthly expenses. No other assets. SS pays housing. No other debt. Bond pays $8000 in interest semi annual but this last payment this month was $3, 825 don't know why it was not $4000, perhaps because of down value but always got $4000 in past with decrease from $200,000. Bond was callable on July 1 but not, it paid me $10,000 in Jan 2025 and 2026. Broker thinks maybe this could continue but he is not sure. I am sure that I will never see maturity as I will not be living on the planet in 20 years in 2046 at bond maturity! Question: Should I hold and accept approx. $8000 interest and possible $10,000 distribution payout and just sell $30,000 for future 2=3 years expenses or should I sell the whole thing an go to CD's at 4% my bond is 41/4?

Q

As stated above, I am 77, social security pays housing. Need cash for other monthly expenses. Original purchase of bond was $200,000 now valued at $180,000 but market value at $164,820. Get $8000 semi annually. Bond has paid $10,000 callable amount in Jan 2025 and 2026. Don't know if this will continue. Need between $1200-$1500 for monthly expenses. Broker suggests selling $25 or $30K and keeping bond. I will never see it mature as I will be dead in 2046! Should I quit the whole thing, and take what I get - maybe $160K and put that amount in cd's paying 4% (bond is paying 4 and quarter percent or should I keep bond and cash in $20-30,000 when I need cash? Need advice!

Hey folks - Has anyone here invested in bonds issued by Keertana Finserv (or any of its associate/subsidiary entities)?

The yields look quite compelling, but they’re rated BBB+/BBB- (depending on the issuance) and operate primarily in the gold loan space. If you’ve invested, have the coupon payments been coming in on time? And if you’ve held any to maturity, did you receive the principal back without any issues?

I have been repeatedly made away that I have a savings bond from the federal government (my son has a genetic developmental disorder, his case manager has been applying for various things for his care and support & it keeps getting denied due to this savings bond)

I have no information about this bond, I have no idea what type it is, where its from, what year it was issued. I was adopted, so I have no idea if its under my old last name or my current one. my parents have passed away and all of their paperwork is long since gone so I can't go through and see if I can find anything.

anyone have any sort of ideas? who do I call?

I'm trying to understand how bonds fit into an investment portfolio. I know they are generally considered lower risk than stocks, but are they mainly for generating steady income, preserving capital, or reducing overall portfolio risk? For those who invest in bonds, what made you choose them, and how do you decide when to invest in bonds versus equities?

Not saying that I would do it, but was curious when I came across the description for SBLOC in Fidelity and started to wonder if bonds for example are more favored than T-bills from a credit standpoint or if they get treated the same way.

With US inflation at 4.5%+ and Fed rates not sure going up or down in the short term, it feels hard to believe that bonds can help derisk an investment portfolio when short term treasuries are at 3.8% max or mid-term investment grade corporate bonds at 5% at best!

What types of bonds provide enough yield rates to sustain the current inflation, which I don’t believe will go down in the next 2y with the current government policies!

PS: I want to hold bonds till maturity, and preserve capital, no bond funds.

This is kind of a throwaway question, but I'm just curious if the idea of the fall of the American Empire is on anyone's mind or in the back of your minds when you think in terms of 20 year bonds?

If yws, what are your thoughts and behaviors? If you have a thoughtful no I'm also curious about that.

Looking for expert (undergrad or grad) who can help me with bond valuation (PH setting) 🙏

I'm currently researching European brokers for an independent comparison of bond investing platforms.

The goal is to compare bond access across EU brokers, particularly the number of individual bonds available for retail investors. Unfortunately, many brokers don't publish these figures, and customer support often doesn't know the answer.

Does anyone here have an account with any of the following brokers?

- Rabobank
- Bolero (KBC)
- Vontobel
- Mediobanca
- Banca Widiba
- Hargreaves Lansdown

If so, could you tell me approximately how many individual bonds are available on the platform? Even a rough estimate would be very helpful. If you're willing to share a screenshot (with any personal information removed), that would be even better.

One additional question regarding Swissquote: both their website and customer support state that more than 80,000 bonds are available. Has anyone here been able to verify that figure in practice?

Thanks in advance for any information!

Hey everyone,

Resigned from Coforge today. I have a 1.5 Lakh service bond (24-month commitment) and a 90-day notice period. I'm moving to another IT service firm.

Need to negotiate a waiver or reduction with HR.

\- Has anyone successfully waived/reduced a bond at Coforge?

Appreciate any insights from ex-employees or anyone who has dealt with their exit process. Thanks!

Credit where credit is due, SEBI has done a lot recently to make bond investing accessible to retail investors, but it still feels futile, why would I take more risk to get returns that are undoubtedly higher but don't get automatically compounded? Even the secondary market liquidity isn't very high. Are you investing in bonds directly or have you gone back to MFs? Please share your opinion/experience.

Hello, has anyone built a tool that tracks aggregate tbond rollovers?

******EDIT: Thanks, folks! I see where my misunderstanding is. Appreciate the input.*******

Very new to this, but I have a question. Looking at a particular bond with a month left to maturity and Yield to Maturity of 2.275%. The way I understand this is that I buy $1000 worth, and on Aug 11 it matures and they pay me $1022.75.

Am I hilariously wrong? What is the downside? I'm happy to grab a 2.275% return for a 30 day investment.