Updated Friday, April 18, 2014 as of 7:23 PM ET
Portfolio - Mutual Funds
Market Conditions Could Push Investors to Unconstrained Bond Funds
Thomson Reuters, Lipper
Monday, April 1, 2013

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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