Are bond mutual funds safe? Are they a good source of retirement income? Do they belong in your portfolio, and is this a good time to own bond mutual funds and ETFs—Today we’ll review how the bond market works and how bond mutual funds can indeed lose money-- rather easily-- in a market like this. Also is it possible to find a safe income of 7.3 percent to 8.3 percent, rather than sitting around in low duration bond funds, steadily losing money? You've got questions, we've got answers! MASTERING MONEY is on the air!