Prospect of Extended Credit Cycle to Leave Bond Markets Yield-Thirsty for Longer
Fixed income Investors need to be mindful of different market dynamics this time around.
Fixed income Investors need to be mindful of different market dynamics this time around.
Fixed-income allocation increases to 28% in new portfolio.
Board members float four possible paths to change portfolio structure; employers worried about higher pension payments.
Proposed changes would maintain the portfolio's heavy tilt to global equities, while likely increasing investments in fixed-income.