This has been the most devastating time for bonds since at least 1926, and maybe in centuries. But, our columnist writes, much of the damage is already behind us.
Dreams of stopping work, or doing only fulfilling work, 15 years before their parents did are colliding with the realities of amassing enough money to do so.
The rout in the stock and bond markets has been especially rough on people paying for college, retirement or a new home. Our columnist has some advice.