I wanted to buy BIV today, but the price is running away from me. Why are bond prices soaring today when everyone is buying stock?
I bought BIV for $90.70 on May 7. Now it’s $91.75 and climbing.
I share your puzzlement. In fact, I cannot make sense of either the bond market or the stock market at this time.
I'm very slowly (with 1% of my cash each week) purchasing VFIAX (500 index) and VGLSX (LT treasuries) on down days, trying to DCA my way in. Maybe Mr Market is not crazy and any crash is years away, not weeks or months.