Bailing on AGG
For those of you running 9sig, I'm kinda curious why do we hold AGG as the bond pit? I'm running 9sig at Fidelity and heavily tempted to ditch AGG and keep the "bond pit" money in their default cash/MM fund with dividends reinvested. One less ETF to hold. AGG might squeeze out an additional 0.5-1% return, but at the cost of interest rate and duration risk. I don't really see the advantage, maybe someone else has a different perspective to share.