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FYI: High-yielding, low-risk bonds are about as rare as loose $20 bills on the sidewalk. When such an opportunity arises, investors clamoring for the easy money should bid the price of the bond up until its yield is driven down to a level commensurate with its risk. Regards, Ted https://www.morningstar.com/articles/938144/defensive-exposure-to-high-yield-bonds
