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Ibbotson: Danger in Reaching for Yield

Fixed-income investments are still necessary, but with tight credit spreads right now, obtaining extra yield carries heavy risks, says Zebra Capital chairman Roger Ibbotson.

Christine Benz: Hi, I'm Christine Benz for Morningstar.com. I'm here at the Morningstar Ibbotson Conference, and I had the opportunity to sit down with [Zebra Capital chairman] Roger Ibbotson, who shared his outlook for the bond market today. Roger, thank you so much for being here.

Roger Ibbotson: I amglad to be here.