Hold Bonds or Savings/Checking Accounts?

Question Description

Please write a personal experience

Your response must include your personal experience.

Following material and questions are based on topics covered in chapter 26 of Hubbard’s textbook.

Should You Hold Bonds or Savings/Checking Accounts?

Suppose most of your savings are in bonds and, according to an article in the Wall Street Journal, the Fed announces that it will carry out a contractionary monetary policy.

Q. What should you do? Should you continue to hold your bonds or should you move your funds into bank accounts?