Even further, bonds haven't performed their usual income function over the last decade because of super low interest rates. (mindfullyinvesting.com)
This looks like a reasonable plan although with super low interest rates in the US right now, I just keep most of my emergency fund in cash and I also have an allocation to bonds within my asset allocation that I could always tap into in case things go really haywire. (wealthfromthirty.com)
This can mean a super low interest rate today, but with the chance of the rate increasing in the future. (studentloanhero.com)