The 10-year Treasury note currently yields 2.02% and 30-year Treasuries have a 3.22% yield. [Four Hidden Risks in Bond ETFs]

“For 30 years, interest rates had declined and fixed income was the safe part of the portfolio,” Rieder said in the WSJ article. “Now fixed income is becoming something you have to be more active in.”

For more information on bond funds, visit our bond ETFs category.

Max Chen contributed to this article.

Full disclosure: Tom Lydon’s clients own TIP.