The Fed's commitment to keep rates low for years may have diminished interest-rate risk for Treasury investors, but inflation could still swallow up returns, says Morningstar's Eric Jacobson.
BlackRock's Rick Rieder expects the bond market to focus more on alpha creation next year, but investors should watch for rising duration risk as well as ongoing troubles in Europe.
Morningstar's Eric Jacobson responds to reader concerns about fixed income in the current low-rate environment, touching on duration, whether to sell holdings, the idea of moving into cash, and more.