Many investors have largely ignored international bonds, but that could be changing. More companies have been developing foreign bond mutual funds and ETFs. The most notable new entrant is Vanguard Group. At the end of May, the company introduced Vanguard Total International Bond Index (VTIBX), which already has $16 billion in assets. Vanguard is pounding the table for the fund, arguing that international bonds can provide important diversification. To make sure that its clients obtain a ...

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