You can hardly expect a bond shop to entirely avoid a fixed income earthquake like the one we’ve just seen erupting across the curve and around the world – but given their own dire warnings about, well, everything, would it be too much to ask for them to have stepped away just a smidge?
Guess so.
My friend Jenn Ablan (Reuters) is the Bond King Whisperer, she covers the Pimcos and the DoubleLines and the Loomises like no one else.
Her panoramic tour of Yield Valley Estates below:
Analysis: Top fund managers were blindsided by U.S. bond market carnage (Reuters)
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