A good bond fund, like a high yield fund, has less credit risk and less interest rate risks -- and a good manager will add value,

[TIPS are a] terrific long-term hedge against inflation, ... are not a good hedge against short-term interest rate volatility.

The risk to a given individual from having some saccharin-sweetened soda or coffee is really trivial. It's when you multiply that times 200 million people that the risk becomes much more significant.

hopeful that, in response to our readiness to take calculated risk, without violating our national interest, that the other side will be able to show some level of flexibility and openness.

The risk is for the ECB to accelerate the pace of interest- rate hikes. There seems to be very little support for the European bond market.

There could be an increase in the risk premium if global interest rates rise. But foreign investors tend to invest their money in India because of a long-term view on the economy and this is unlikely to change suddenly.