Three U.S. bond kings wield same strategy, get same result: lag their peers
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NEW YORK (Reuters) - Three names dominate the U.S. world of bond investing - Jeffrey Gundlach, Dan Ivascyn and Scott Minerd. But funds run by these star investors are lagging their respective benchmarks this year.The proximate cause for the underperformance of these high-profile bond investors: the monstrous rally in U.S. corporate bonds and Treasuries.Investors had been feasting on U.S. corporate credit bonds for years, though recession fears and mounting defaults late last year put an abrupt..