Morningstar's Eric Jacobson reviews bond fund performance and fund flows in 2010, analyzes recent performance hiccups in fixed income, and pinpoints the factors that should be on bond investors' radars today.
The $700 billion that has flowed into taxable-bond funds in the last five years is larger than flows into U.S. equity funds in the late '90s, but investors today seem to be reacting to fear and not chasing performance.
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