Fed adds its voice to rising fears about retirement investor core bond holdings
November 30, 2018 at 11:16 AM EST
The Federal Reserve voiced strong concerns this week about the amount of risky debt in the investment-grade bond market. It is not just the deterioration in credit of iconic companies like GE, but a record level of debt in the lowest tier of investment grade that should worry investors nearing or in retirement who use bond funds and ETFs to protect their wealth and generate income.