Investors are stampeding into boring old bonds to start the year

Stocks are off to a quick start in 2023, the S & P 500 ahead by 3.5%. Yet boring old bonds have just about kept pace, as investors rush to lock in healthy-seeming yields after one of the worst years ever for fixed-income returns. More than $38 billion in net new money has flowed into bond funds in less than three weeks this month, amounting to a hefty 0.6% of their collective assets under manageme…

Read more at cnbc.com: Investors are stampeding into boring old bonds to start the year