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Five-Star Manager Says Bond Market’s Fear Is Overblown: (CMFIX)
FYI: When it seems everyone is piling into an asset class, veteran investors typically believe it signals the end of a bull market or the end of an economic growth cycle.
But Jim Brilliant, the manager of the highly rated CM Advisors Fixed Income Fund, believes the recent narrowing of the gap between high-yield bonds and Treasurys isn’t an ominous sign.
