Ten funds bearing the brunt of the bond sell-off

Global bonds suffered their fourth-worst month in 20 years in May after Fed chairman Ben Bernanke said the central bank may slow the rate of its bond purchases if the unemployment rate continues to fall amid a strengthening of the economy. Bernanke then rattled market sentiment further this week by stating there will be a reduction in QE in the third quarter of this year if the US economy continues to grow as expected. Fears the market will no longer be supported by bond purchases led to a heavy sell off in US treasuries, with 10-year paper seeing yields jump from 1.75% to 2.42% over ...