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Home>Searching for Yield at Any Cost?

Searching for Yield at Any Cost?

Perspectives Content Submission

Wed, 8 Sep 2010

In an environment with historically low interest rates, fixed-income investors have been pouring money into longer-duration securities, substituting 3 and 6 month T-Bills with 10-year Treasures or bond funds. To an extent, this should not be so surprising: the Federal Reserve’s (the Fed’s) extraord
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