As Fed Takes 'Considerable Time,' Investors Head to Unconstrained Bond Funds
In this period of low volatility, investors are finding unconstrained bond funds an increasingly attractive option.
Robert Stowe England
September 17, 2014
Janet Yellen, chair of the U.S. Federal Reserve, speaks during a Senate Banking Committee hearing in Washington, D.C., U.S., on Tuesday, July 15, 2014. Yellen told lawmakers the central bank must press on with monetary stimulus as "significant slack" remains in labor markets and inflation is still below the Fed's goal. Photographer: Andrew Harrer/Bloomberg *** Local Caption *** Janet Yellen
Andrew Harrer/Bloomberg
