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Public pensions load up on bonds.
- Source :
- Fierce Finance IT; 3/29/2014, p1-1, 1p
- Publication Year :
- 2014
-
Abstract
- The article focuses on the impact of increasing interest rates on public pensions in the U.S. It mentions that the increase in interest rate is raising the funding ratio which forces the pension to buy long-dated corporate bonds. It cites the reference of the Standard & Poor's 500 index, which shows that funding ratio of pension plans of companies is 80 percent as of 2009.
- Subjects :
- INTEREST rates
PENSIONS
CORPORATE bonds
STANDARD & Poor's 500 Index
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Fierce Finance IT
- Publication Type :
- Periodical
- Accession number :
- 95403304