0% of our managed assets are in “bond funds” for too many reasons to list here. However, it is extraordinarily important to understand more about the global market that is roughly twice the size of the global equity markets (even though the latter gets all of the attention).
See link for reference.
http://finance.yahoo.com/news/there-are-now–10-4-trillion-in-bonds-worldwide-that-are-guaranteed-to-lose-you-money-125824188.html