Mon, 11 Mar 2013
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With a strong fundamental tailwind, high - yield spreads actually should be tighter than historical averages, argues Western Asset's Michael Buchanan.
PIMCO's Andrew Jessop sees opportunities with European and health-care high - yield bonds but also warns of likely lower returns beginning in 2013 given the recent runup.
Muni- bond funds continue to experience high investor demand, and Morningstar's Miriam Sjoblom offers picks for core and noncore holdings.
Morningstar bond strategist Dave Sekera on the recent flood of new issuance, European debt crisis contagion, and the U.S. corporate bond market's health.
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