According to the text, judge if the following items are righ...
The bond market is in such a predicament due to misjudgment on the part of the American central bank’s chairperson.
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"The role of bonds in a portfolio has always been to be a ballast or a diversifier to equity risk,” said Francis Kinniry, a principal in the Vanguard Investment Strategy Group. “And that is very true today. Yields are low, but this is what a bear market in bonds looks like"
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It doesn't say that it's a "misjudgement", only that it's best to igonore the noise, i.e.: all the fuss about interest rate rising and teh subsequent withdrawal from the bond market.
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