Bond Fund Investors Poised For Losses When Interest Rates Rise

Bond Fund Investors Poised For Losses When Interest Rates Rise

Andrew Harrer/Bloomberg

Fixed-income managers such as Pimco’s Bill Gross, left, and BlackRock Inc.’s Laurence D. Fink, right, are warning that the flight to bonds leaves savers exposed to a new round of losses once interest rates rise, a risk many retail clients aren’t aware of.