lawman
Thinks s/he gets paid by the post
I'm about to invest a large amount of money in PIMIX..I understand the risks involved with bond funds but I'm mostly concerned with interest rate risk..I got creamed by this fund when interest rates advanced so rapidly not long ago..I liked the fund for many many years when interest rates were declining..Since rates are now higher than they've been in years I'm thinking about getting back in..Can those who argue that rates can and will get much higher give me the basis for your belief...Other general discussion and comments appreciated..