They usually trade inversely. Not in the same direction.
They usually trade inversely. Not in the same direction.
The important word here is "usually". That hasn't been the case in months were stocks dropped a lot. In the past, and not that long ago, bond funds would respond in the upward direction. Bond fund NAVs are getting killed this month despite the S&P 500 being down almost 10% so far in 2022.