Rising Rates Make Bonds More Attractive, But Consider Risks

Strategies column discusses interest rates and bond yields being higher now than in recent years, making bonds more attractive.

Columnist sees parallels to 1994 when interest rates were very high, providing good long-term returns for investors buying bonds then.

Money market funds and short-term Treasuries are lower risk options now compared to long-term bonds.

Columnist can't predict where rates are heading but sees attractive yields, especially on short-term bonds.

Key is determining your risk tolerance and time horizon when considering bonds in current environment.