Rooting out risk in your bond portfolio
Posted on February 22, 2013 at 10:28 AM EST
By John Wasik (Reuters) – When U.S. Federal Reserve governors start talking about “overheating episodes in creditmarkets,” as did Jeremy Stein in a February 7 speech in St. Louis, it is time to prick up your ears. Stein warned that in an attempt to “reach for yield,” investors have been taking on ever-greater risks in [...]
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