I understand that even the safe bet is under water now, but that's a poor strategy to expect that for sure those bonds were safe. Is this true: any hike in inte

I understand that even the safe bet is under water now, but that's a poor strategy to expect that for sure those bonds were safe. Is this true: any hike in interest rates since you bought the bond is usually bad? And they were bottomed out. Bunch of banks bought a bunch of super low interest bonds that can't even keep up with inflation. Cite: nothing