FYI: (Click On Article title At Top Of Google Search)
Last year was supposed to be the year active investing proved its mettle in the bond market. Interest rates were ridiculously low and the Federal Reserve was about to start hiking. Choosing a nimble manager seemed like the only way to avoid crippling bond fund losses—investors needed to venture beyond the investment-grade Barclays U.S. Aggregate Bond Index for higher yields and to avoid interest-rate risk.
Regards,
Ted
https://www.google.com/#q=Why+Bond+Funds+Failed+in+2015+Barron's