Buying long term bonds very much depends on your outlook for interest rates and inflation.
As rates rise bond prices tend to come down. As we are currently at a low in the interest rate cycle, looking out longer term it's safe to think rates will be going up and prices should come down as a result.
Buying now would most likely lead to capital losses and not gains! Factoring in the way inflation, if it rears its ugly head, would eat into your returns and you probably want to stay shorter on your bond laddering.
As rates rise bond prices tend to come down. As we are currently at a low in the interest rate cycle, looking out longer term it's safe to think rates will be going up and prices should come down as a result.
Buying now would most likely lead to capital losses and not gains! Factoring in the way inflation, if it rears its ugly head, would eat into your returns and you probably want to stay shorter on your bond laddering.