Why would anyone hold bonds bro unless your 80 years old, or earn more than $250,000+/year, and literally have nothing else to do with that money 🙃?
Discussion
"risk free"
Historically yeah, now not so much 🫤.
It's an iffy investment.
I'd only say utilize it if your net worth is already $250,000+, or you're nearing retirement in my opinion (not financial advice).
You could get higher yields from a high yield savings account nowadays with the same amount of "safety".
It has its place. Banks can't bail you out, only the central bank 😉