With a strong fundamental tailwind, high-yield spreads actually should be tighter than historical averages, argues Western Asset's Michael Buchanan.
The outlook for bonds is just as cloudy as ever, but Morningstar's Miriam Sjoblom and Marta Norton offer helpful tips for setting the right expectations and creating a game plan in today's challenging bond market.
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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