Smaller bond funds may be the first to show problems — Eric Balchunas lists the worst-performing active funds in September

Odaily report: Bloomberg ETF analyst Eric Balchunas posted on X that bond mutual funds can be seen as an early warning signal in a rising interest rate environment, and listed the worst-performing active bond funds in September for the market to watch. Eric Balchunas said that large funds such as PIMCO and Fidelity have a greater impact on deepening the bond selloff, but smaller funds may encounter potential problems earlier.