The growing popularity of bond funds for investors is due to the simple fact that they are the simplest, cheapest way for investors to buy a diversified basket of bonds. (cnbc.com)
So I don't see direct lending by the Fed, or buying high yield bonds, or offering protection on baskets of bonds as wise moves. (alephblog.com)
Investors should have some of the portfolio hedged — a hedge on half could make sense, as that would essentially be a neutral call on currency, he says — but whether an entire basket of bonds is hedged is up to the manager. (canadianbusiness.com)