NEW YORK ( TheStreet) -- Since the financial crisis, nervous investors have been pouring into bond funds. But the flight to fixed income could produce dismal results. The problem is that most bond funds drop when interest rates rise, and many economists expect that rates will climb in coming years.Investors recently got a taste of how hazardous rising rates can be. During the past month, rates on 10-year Treasuries climbed 0.30 of a percentage point to 2.28%, and long government funds lost 2.8%, according to Morningstar.
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