Tell that to the people who needed to rebalance into stocks during crashes and couldn't because they panicked.
Bonds aren't sexy. They're not supposed to be. They're stability.
SPY lost -33.72% at its worst. PNL's worst drawdown? -6.78%. Our worst year was still +4.62%. That's the difference proper allocation makes.
When markets crash, bonds perform. You have cash flow to live on. You can rebalance into stocks mechanically without emotional override. You sleep.
The people who hate bonds are the ones who never needed them. The people who own them smile during crashes because they can BUY the dip, not PANIC SELL.
PNL allocates bonds for reasons. Ignore them at your own expense.