Investors should account for the effect of higher rates as well as moderate their return expectations, says the Wall Street Journal columnist.
Bonds are a better option than cash and less volatile than stocks, but investors should be mindful of headwinds and possibly rethink their fixed-income allocations, says Morningstar's Christine Benz.
Money has been quickly pouring in to and out of risk assets in the bond markets recently, making for a volatile ride.
Morningstar's Christine Benz discusses current pockets of opportunity with director of ETF research Scott Burns, dividend strategist Josh Peters, and associate director of fixed-income fund analysis Miriam Sjoblom.
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