Business: Columnists and Blogs - The Washington Post: Allan Sloan: Buying bonds at today’s ultra-low rates isn’t safe

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Allan Sloan: Buying bonds at today's ultra-low rates isn't safe Jun 7th 2013, 00:16 What do you call a supposedly safe investment in which a five-week hiccup can wipe out more than a year of income? Answer: a bond mutual fund. Yes, that sounds extreme, if not demented. But it's true, as I'll show you, using numbers from the nation's biggest mutual fund, Pimco Total Return, which is run by bond-dom's most prominent investor, Bill Gross. Read full article >>

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