After a period of about 2 to 3 years, the risk of permanent losses from intermediate duration bonds is low. (mindfullyinvesting.com)
Effective January 15, 2015, Calvert High Yield Bond Fund (CYBAX) will shift its principal investment strategy from investing in bonds with intermediate durations to those «with varying durations,» with the note that «duration and maturity will be managed tactically.» (mutualfundobserver.com)
Would not a better comparison have been intermediate duration Treasuries? (awealthofcommonsense.com)