iBonds/ BulletShares Are "Okay" (At Best) Replacements For Individual Bonds

Summary

• iBonds and Bulletshares offer a more liquid alternative to owning individual bonds, but they come with more credit risk and lower yields.

• Traditional bond funds do not have the same pull-to-par characteristic as individual bonds, which affects their yields over time.

• iBonds and Bulletshares provide diversification and daily liquidity, but they do n…