Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
FYI: Numerous managers that we cover have expressed difficulty finding bonds with attractive valuations. With the exception of a few market sell-offs in recent years that made prices more attractive for a bit, that’s an issue that has become more and more pronounced as investors have snapped up bonds with attractive yields, driving up their prices. Regards, Ted http://www.morningstar.com/articles/847549/why-is-my-bond-fund-pulling-in-its-horns.print.html
