President Barack Obama Message Board

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Politics : President Barack Obama

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To: RetiredNow who wrote (106495)	12/27/2011 1:58:24 PM
From: Road Walker	Read Replies (1) of 149317

One thing I've liked about DBLTX is that it barely moves even as the stock market has gone through wild gyrations this year. In addition, it has yielded a steady 8%+ all year. Very nice. And let's face it. Do we really think US interest rates are going to go up any time soon? Morningstar has it low quality and moderate Interest rate sensitivity. If companies start tanking' it'll have problems. If, as you believe, inflation comes back it will have even worse problems. I've gotten KILLED in junk bond funds when the wrong things happened. Bonds don't equal safe at all.

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