[https://seekingalpha.com/article/4585197-vclt-avoid-long-dated-corporate-bonds](https://seekingalpha.com/article/4585197-vclt-avoid-long-dated-corporate-bonds) — Investors might roll up the yield curve to shorter dated bonds, avoid LT Bonds, especially given credit risk spreads.

I would have to disagree somewhat here. Although I agree shorter-term bonds offer better risk-reward (particularly treasuries right now) than longer-dated bonds, with longer-dated treasury yields comfortably above 3.5% and spreads where they are longer-dated credit in my opinion offers much better risk-reward than equities.

With S&P 500 offering fw earnings yield of 5.2% (and equities looking expensive overall), and the Bloomberg US Corporate Agg having a yield to worst of 5.5%, I know where I would rather have my money invested right now.

Porchester 🔺

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https://seekingalpha.com/article/4585197-vclt-avoid-long-dated-corporate-bonds