UPDATE: Fixed-Income Updraft

To many battered fixed--income funds, April was kind.

Frances Denmark June 30, 2008

To many battered fixed--income funds, April was kind. The sector had been on a bumpy ride for months as the subprime virus jumped from mortgage-backed to other bond species. The market punished every sort. Hedge Fund Research in Chicago reports a 12-month loss of 8.27

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