The skinny on bonds — from 8 experts
Portfolio manager, Loomis Sayles
"Right now, bonds are, relative to history and expectations, overpriced in general. ... It's time to be more cautious on credit risk ... You don't run away from it, but you have to become very selective and you can't just buy an index of a high-yield market."
(Story: Jason Stipp, Morningstar)