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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
Add BT as a preferred sourcePublished Tue, Oct 13, 2015 · 09:50 PM
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 diversified portfolios.
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