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Rising bond yields make it easier for investors to pocket decent income these days. The yield of the benchmark 10-year Treasury bond has crept up from a low of 1.4% last July to 2.4%. Yields in other...
Making big-picture calls on the economy and bond market has proved problematic this year. Putnam says it's better to put the focus on individual bond selection.
A rash of corporate debt downgrades lies ahead, but actual defaults will remain low. So, is the worst over?
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