Outside a tax-deferred account these bonds are murder.

FORBES: Six Ways to Inflation-Proof Your Bonds

Tax free municipal bonds, or even tax deferred, fixed annuities, may be more tax friendly than corporate bonds and taxable CDs .

FORBES: What Retirees Can Expect After The Election

These should be heavy with stocks since, if you have any sense at all, you have your bonds in tax-deferred accounts like 401(k)s.

FORBES: Magazine Article

Generally, it makes sense to own income-generating bonds in tax-deferred accounts.

FORBES: Retirement

First, unless you're investing in munis, individual bonds as well as bond funds should be held in your tax-deferred retirement accounts.

FORBES: Magazine Article