9/12/2013

Low-risk bonds are feeling downward pressure as markets expect the Federal Reserve to taper bond buying. U.S., German and Canadian bonds have declined more than 2% this year on a total-return basis, according to a Citigroup index. "Basically, avoid fixed income as much as you can, allocate to equities, allocate to cash," said Christoph Kind, head of asset allocation at Frankfurt Trust.

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