March 7, 2015 2:00 PM

Andrew Silton: High-yield, fixed-income investments carry risks

For the past five years, American investors have lamented the paltry yields on U.S. Treasury bonds and other investment grade bonds. In order to help repair the grave damage brought on by the credit bubble, the Federal Reserve has held short-term interest rates at near zero. While low interest rates have been helpful to big businesses and hedge fund managers seeking to borrow money, it’s been a big problem for savers.

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