Mon, 5 Aug 2013
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As yields rose, both taxable- and municipal- bond funds saw record monthly redemptions in absolute terms in June.
How investors can use the recent interest - rate -driven disruption as a stress-test for their portfolios. Plus, a new retirement income tool and some good news on prescription-drug costs.
Investors appeared to be trading interest - rate risk for equity and credit risk in the wake of this summer's rate-driven bond volatility.
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