Re: foreign bond fund
I have no idea, I personally try to diversify. If you have US$100,000 you are not being conservative, you are betting 100% on the US$. Why not put $30,000 in an international bond fund, or forgien currency account, just in case there is a problem with the US$.
FWIW US interest rates seem to be going up and matching foreign rates. Also the Europeans seem to be have strikes and other labor troubles. They are also taking about allowing larger deficits. The election in Iraq might provide an excuse to end that situtation. All of this would imply a stronger US$.
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