Tue, 13 Nov 2012
Fixed-income investors, and not just holiday shoppers, should take a close look at the narrow-moat toy maker's bonds, says Morningstar's Joscelyn McKay.
October data show continued inflows for bonds (including riskier fixed-income assets), while investors withdrew money from U.S. stock mutual funds and ETFs.
Flows have been high into developing-markets debt ETFs as investors seek more yield, but several funds are apt to manage the credit risks.
With very low interest rates, as well as uncertainties about inflation and the muni market, it's time for investors to really rethink the purpose of their fixed-income allocations, says Fidelity's Christine Thompson.
With interest rates near all-time lows, there is little room for the corporate bond rally to extend into the new year, says Morningstar's Dave Sekera.
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.
Portfolio Solutions' Rick Ferri expects stocks to return 7% and bonds to yield 2% during the next decade, and he also offers tips on how investors should handle their fixed-income positions.
FPA's Tom Atteberry says interest rates are at unsustainable levels and offers his strategies and opportunities for managing a portfolio in an uncertain bond market.
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