Panda said:
I would like to ask this question to the Irvine audience....
What do you know about long term treasury bonds and AAA Corporate bonds?
Panda
Would like to answer your question , but it is very broad
If you mean from an individual investor perspective , I would strongly recommend staying away from long maturity / long duration bonds , be they corporate or treasuries . These are best suited for corporate and state pensions (defined benefit) where they need to immunize/ match their long term liabilities .
For an investment horizon that long, you are almost always better off in a broad equity index fund .
I do own municipal bonds but they are of the More shorter / intermediate variety and used for tax free income generation (esp the CA domiciled ones)