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.
Core, corporate, and short-duration bond funds continue to be popular as investors seek safer streams of income, but Morningstar's Eric Jacobson is concerned about the longer-term risks.
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