New York â¢ Surprise: Bond funds are doing just fine.
After turning in their worst quarterly performance in years, bond funds were supposed to keep struggling as the calendar flipped to 2017. Managers were busy early this year making sure expectations were properly low for bond funds, even after billions of dollars left them in November and again in December.
But reality, at least so far, has turned out to be nearly the opposite of expectations. Rather than continuing to drop, bond prices have pe...
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