Peculiarly, however, Treasury yields started rising this week. Because the government acted quickly to pump money into the system in an effort to thwart recession. Such mammoth stimulus could well thwart recession. That means that the days of very low inflation could be ending. But yields on corporate bonds are still quite high, Gross says.
High yields come with high risks.
Many company bonds have steep yields because they're worried that companies will default on their bonds. As you might have noticed, the stock market's main movement seems to be downward lately. So there's no need to rush. Gross suggests looking at bonds traded on the New York Stock Exchange, which are easy to buy through a broker. Or consider one of the bond funds in the chart.