A lot of people invest in bond funds to preserve capital and reduce risk. It's not working this time. As of today, 73% of Morningstar's taxable bond funds and 90% of municipal bond funds have lost money so far this year. Here's why.
A lot of people invest in bond funds to preserve capital and reduce risk. It's not working this time. As of today, 73% of Morningstar's taxable bond funds and 90% of municipal bond funds have lost money so far this year. Here's why.
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