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More from Loomis Sayles' Matt Egan (previous): The challenge for fixed-income investors is most...
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Thursday, December 6, 2012, 10:12 AM ETMore from Loomis Sayles' Matt Egan (previous): The challenge for fixed-income investors is most are in funds benchmarked to the Aggregate Bond Index (AGG), which isn't a whole lot more than a glorified mix of Treasurys and MBS - in other words, as rates go, so will the index. The Fed, he says, forces you to look elsewhere. A wonderful interview - any fixed-income fan is throwing money away by not reading it.
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