Bond investing: Finding opportunities takes patience
The Federal Reserve will raise rates this year, probably twice, agreed three bond fund managers on the Unearthing Bond Value panel at the 2015 Morningstar Conference in Chicago. Laird Landmann, portfolio manager at TCW, said when the Fed moves, it will be fast. Likewise, Gibson Smith, chief investment officer for fixed income at Janus Capital Group, concurred that two rate hikes will come this year.
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