No fan of bond funds
There was a post back there that said bonds were not bond funds. +1 on that!
Maybe the bond funds didn't dive quite so far as equity funds when the commode hit the windmill, but many were hurting real bad!
I might have this all wrong, but it seems to me bond funds are a sorta dumb idea in general, because you're at the mercy of the bozos invested with you. If the fund is 100% invested in bonds, and people get spooked, they sell, forcing the fund manager to sell at the wrong time (before maturity) and your account value shrinks. If, on the other hand, you took the time to assemble a bond ladder, your account value would 'never' shrink (unless you bought something that defaulted or you ran out of money and had to sell before maturity).
So my advice would be to work your way into your own bond ladder, and out of bond funds.