Updated Saturday, July 26, 2014 as of 11:11 AM ET
Portfolio - Mutual Funds
Market Conditions Could Push Investors to Unconstrained Bond Funds
Thomson Reuters, Lipper
Monday, April 1, 2013
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Unconstrained bond funds were introduced several years ago, when the industry assumed that investment-grade yields just could not go any lower. Fund managers needed greater flexibility to invest across a wide spectrum of global fixed-income sectors, or so the thinking went.

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