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Add Dan Fuss to the list of bond fund giants liking equities more than fixed income. "We're in...

Add Dan Fuss to the list of bond fund giants liking equities more than fixed income. "We're in the foothills of a gradual rise in interest rates," he says, adding the move will be secular in nature. When the Fed stops sitting on the long end, "you need to get out of the market risk that's in fixed income and into company-specific risk you can find in stocks.
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Comments (1)
  • TwistTie
    , contributor
    Comments (2476) | Send Message
     
    Finally!

     

    I wonder when Bill Gross will get the memo.
    12 Apr 2012, 03:47 PM Reply Like
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