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We've all heard that the Federal Reserve is considering a December hike in interest rates, which would be the third bump in 2017. If and when it does increase rates, the new target would be a mere 1.5%.
When economic times are good, junk bonds deliver big yields.
In part because of the election of Donald Trump, the yield on U.S. bonds—the percentage of your investment you get for holding them—has soared. For bond investors who seek relatively high income...
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