As Markets Plummet, Go-Anywhere Bond Funds Rise to the Occasion
As interest rates have continued to climb today’s bearish market, the non-traditional bond funds have gained 0.6% this year. Source: Bloomberg Created after the financial crisis to prosper on rising interest rates, the funds instead have bumped along for years amid persistently low borrowing costs. But as rates have climbed in today’s bearish market, go-anywhere bond…
