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Recent Bond Bumpiness: More Than Just a Hiccup?

Morningstar's Eric Jacobson comments on recent bond performance and the odds of a runaway rising rate spike.

Christine Benz: Hi. I'm Christine Benz for Morningstar.com.

After performing quite well for the better part of this year, the bond market has recently come under pressure. Here to discuss what's been going on with bonds and whether this is a precursor of things to come is Eric Jacobson. He is director of fixed-income research for Morningstar.