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Walsh: No Bond Bubble

There are fundamental reasons why rates are so low today, but that doesn't mean there aren't potentially significant risks to holding bonds, says Western Asset's Steve Walsh.

Mentioned:

Jeremy Glaser: For Morningstar, I'm Jeremy Glaser.

I'm very pleased to be joined today by Steve Walsh. He is the chief investment officer of Western Asset, and we're going to look at some hot topics in the fixed-income world.

Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.