I have never been in favor of bonds, I am not sure but I guess there are fees on transactions, and not sure about the tax part also. I firmly believe in keeping solid gold for easy liquidity at any given time. Though each one has their own preferences
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You won't be taxed if you hold this investment for over 8 years. However, if you redeem it sooner, you'll face taxes on your gains.
If you sell within 12 months, the gains will be considered Short-Term Capital Gains and will be taxed at your regular income tax rate.
If you sell after 12 months but before the 8-year mark, the gains will be taxed as Long-Term Capital Gains.