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John Waggoner: Bond Funds Offer Some Comfort In Stock Rout

TedTed
edited January 2016 in The Bullpen
FYI: You may never have thought that your clients would thank you for putting them into bond funds — until now.

As the stock market faces the worst January since 2009, some bond funds are alleviating some of the stock market's pain. Bond prices rise when yields fall, and the yield on the bellwether 10-year Treasury note has fallen to 1.94% at midday Wednesday from 2.27% at the end of 2015.
Regards,
Ted
http://www.investmentnews.com/article/20160120/FREE/160129996?template=printart
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