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.
If expecting a steep stock selloff - and some are - than bond funds churning out 15-20% returns in a 2% world would seem an unlikely hiding place. Akin to taking shelter in the chicken coop as the wind starts to howl.
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Chicken coop images:
http://www.google.com/search?q=old+chicken+coop+picture&hl=en&tbo=u&tbm=isch&source=univ&sa=X&ei=9dJpUJD5NLSv0AH574HoCA&ved=0CC4QsAQ&biw=768&bih=916