Eaton Vance Fund Stockpiles Cash After Making 15% on Bond Rally

  • Bond market losing allure amid hunt for yield, Gaffney says
  • Limited scope for bond yields to rise in near term, NAB says

The hunt for yield is making the bond market less attractive, said Kathleen Gaffney, whose Eaton Vance Bond Fund is surging this year after plunging in 2015.

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