Bull Bond

A bond that does well in a bull market, when interest rates are declining.

Harvey was always a greedy guy who liked to have his cake and eat it, too. He knows that, generally, when stock prices are rising, bonds become less attractive investments and therefore often see declines. Harvey already owned several ETFs in the current bull market, but he also wanted to diversify his exposure...so he also bought some bull bonds.

As an equity strategist who recommended that his clients buy stocks, this may have seemed a bit two-faced, but Harvey didn’t care.