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What Role Do Bonds Play in an Era of Ultralow Yields?

Investors are right to be questioning bonds' role in their portfolios, but they still serve a useful purpose for many.

What Role Do Bonds Play in an Era of Ultralow Yields?
Editor's note: Read the latest on how the coronavirus is rattling the markets and what investors can do to navigate it.

Susan Dziubinski: Hi, I'm Susan Dziubinski for Morningstar.com. The COVID-19 crisis has driven down the yields of high-quality bonds, leaving many investors asking themselves, "What role, if any, should bonds be playing in my portfolio today?" Joining me to address that question is Christine Benz. Christine is our director of personal finance at Morningstar.

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