Dow Jones reports on the Morningstar Conference, which opens today in Chicago. The article discusses the quest for alternative investments and the recent high correlation between stocks and bonds. It says, "Bond funds should continue to deliver sub-​money market level returns," according to Jeff Gundlach of TCW. He tells Dow Jones, "So far this year, bonds have underperformed cash. Until the 10-​year Treasury can rise into the upper-​5% level close to 6%, bonds won'​t look attractive compared to money markets."

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