"Stocks beating bonds so far this year" writes the Arizona Republic

Jul 15 07

"Stocks beating bonds so far this year" writes the Arizona Republic. Fund columnist Russ Wiles says, "Meanwhile, bond prices continue to stagnate and are flirting with their first overall losses since 1999." He says Lipper numbers show bond funds returning 1.7% on average through June 30, 2007. (The Crane 100 Money Fund Index has returned 2.49% year-to-date and is on pace to return over 5% in 2007.) "Recent bond weakness raises a basic question: Why hold bonds or bond mutual funds when you can earn nearly the same yields now on money-market funds, with virtually no risk of price declines?", he asks.

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