Western Asset manager Ryan Brist expects a lot of risk in the corporates market in 2013-14, as banks pare risky lending practices and opportunities to enter or exit the bond market shrink.
Muni-bond funds continue to experience high investor demand, and Morningstar's Miriam Sjoblom offers picks for core and noncore holdings.
The Vanguard bond manager says the very steep yield curve actually makes it more attractive to be in intermediate bonds rather than short-term bonds as rates rise.
Low volatility among bonds could be an indicator of a bubble, says Merk Investments' Axel Merk.
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