The burdenof scrutiny

retail bonds


Over the past several years, America’s 76 million baby boomers have aggressively saved for retirement, contributing to a dramatic growth in equity investments. But as the boomers approach retirement age and seek capital preservation rather than growth, many are expected to shift a portion of their portfolios from stocks into fixed-income securities. Retirees may choose to fine-tune their mutual-fund portfolios and simply invest more money with institutional fixed-income managers, but direct

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