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Timely reminder of the true value of bond funds

Investors eyeing higher returns may need to venture out into debt that tends to suffer big falls when turmoil hits
Wednesday, October 14, 2015 - 05:50

New York

THE US Federal Reserve's decision not to raise its target interest rate drew plenty of attention last quarter, but the real news for bond investors was what actually did happen.

Namely, high-quality bonds delivered on their core role as life jacket in residence for

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