When the next stock market correction comes, the refuge of choice for investors will be government bonds. Bummer, right? Government bonds offer sadly thin yields and have the potential to fall in price when interest rates move higher.
And yet, they’re the go-to solution when investors are yanking money out of stocks. You certainly don’t want government bonds to be the only type of fixed income in your portfolio, and you probably don’t want them to even account for most of it. But you do need at least some government bonds to play defence in a stock market correction. Here are three ETFs to put on your list of candidates for this kind of exposure:Report Typo/Error