In Monday’s (4/8/2024)Wall Street Journal, page B7, by Derek Horstmeyer, who is a Phd. of finance at George Mason. The article does not get into details, but the gist of it is bond laddering will give similar results as a few other strategies, but with less risk and less volatility.
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More attractive when interest rates are higher. But now we are talking about declining interest rates.
Inverted yield curve gives higher yield for short term bonds. Pros probably adjust their ladders accordingly. Ok as a method to get average yields but you wonder about a rigid schedule. Does that imply market timing?