FYI: Fixed income gurus, financial media talking heads and asset managers have been forecasting rising interest rates for at least two years. They were (and still are) wrong.
Even as recently as one week ago, bond prices took a hit on news of a jobs report that showed a pickup in hiring last month, but prices picked back up this week after Fed minutes revealed that some participants wanted to err on the side of patience to keep supporting the world’s largest economy for longer than expected.
This type of mixed news and uncertainty is likely to continue as the fear of a weaker economy outweighs the fear of inflation. But even if rates start rising in 2015, as is currently expected, it doesn’t mean panic and mass exodus from bonds.
Needless to say, investors in bond funds have been challenged to do a good job of managing the fixed income portion of their portfolios. With that in mind, here are 3 bond funds to buy now for uncertain economic and market conditions.
Regards,
Ted
http://investorplace.com/2014/10/3-bond-funds-unpredictable-market/print
Comments
Regards,
Ted
http://www.marketwatch.com/tools/mutual-fund/compare?Tickers=VBMFX+TGMNX+LSBRX+FTBFX&Compare=Returns
http://screen.morningstar.com/Compare/Fund/FundCompare.html
Regards,
Ted