Wed, 28 Aug 2013
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Investors appeared to be trading interest - rate risk for equity and credit risk in the wake of this summer's rate-driven bond volatility.
Vanguard's Ken Volpert cautions investors about a rise in short-term rates, and also offers his thoughts on the U.S. debt ceiling as well as Vanguard's TIPS, international- bond , and total bond market funds.
May flows data show investors are putting money to work in nontraditional fixed-income holdings, as well as emerging-markets equities, for perceived better returns.
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