Navigating bond funds: Yes to yields but risks aplenty in high-yield assets

This article discussed the differing performance between direct bonds and bond funds. Samuel Rhee, Endowus’ CIO, highlighted that fund redemptions are out of investors' control, one can choose to sell before or during the fall and lessen their losses. In contrast, single bonds often do not have any liquidity and have to be sold through private banks with heavy discounts and commissions.