Bond Funds Poised to Gain as Inflation Cools and Rates Decline
- Inflation fears are overblown and should settle down soon as signs of cooling emerge
- As inflation declines, interest rates will fall, boosting bond prices and dividends
- High-quality corporate bond funds with 9%+ dividends are opportune buys now
- Funds like PGIM High-Yield Bond Fund offer big dividends and trade at discounts
- Its 9.8% dividend has grown over time and the fund regularly outperforms
