Investors shun riskier assets as volatility increases

05/6/2010 | Wall Street Journal, The

Concerns about the eurozone's spreading debt crisis have caused investors to sell riskier assets, including corporate debt, stocks and mortgage bonds, and shift to low-risk securities such as Treasuries, according to this article. "There's a buyer's strike. It's really uncertain out there, and people are worried about what risk to add," said Paul Norris, a senior portfolio manager at Dwight Asset Management.

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Wall Street Journal, The

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