Psst...Buy Bonds

With inflation dead and the economy weak, interest rates will fall further than you think

The most popular person at the party used to be the one flaunting the hottest stock tip. Pssst--zip drives. Ooh, baby! Not anymore. Today's darling is the geek in the corner explaining zero-coupon bonds. Zero what? You know, those tricky little devils that look like bonds and move like stocks and, um, are only up 25% this year after rising 22% last year. Ooh, baby! That's right. Just when you had given up on another year of 20%-plus investment gains (and having anything to gloat over), along comes a sharp decline in interest rates that has been a boon to interest-paying...

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