Loomis Sayles’ Fuss sees little value in bonds, boosts cash in fund

NEW YORK (Reuters) – Dan Fuss, known as the Warren Buffett of bonds, said his $23 billion Loomis Sayles Bond Fund is sitting on more than 20 percent of cash and cash equivalents, its highest level ever, because he sees scant opportunities in the bond market.

Loomis Sayles’ Fuss sees little value in bonds, boosts cash in fund

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