“The drastic changes in the fixed-income market in recent months—largely driven by the Federal Reserve’s signaling that interest rates will stay near zero until 2023, plus the central bank’s aggressive bond-buying—necessitates a reassessment of bond portfolios.”
Good read. The problem with bonds isn’t anything most of us don’t already know. Several money managers are cited, including Dan Fuss. I found it curious that Price’s Spectrum Income (RPSIX) made the top 10. Sure hasn’t impressed me lately (but still own a little). Dan Fuss’s income fund is allowed to hold up to 20% equities, and he seems to favor equities over bonds right now. Also discusses the the barbell
approach to portfolio construction.
No guarantee you can get through the paywall. But here’s the link. https://www.barrons.com/articles/the-best-bond-funds-for-uncertain-times-51601679748