Alerted by @TheEconomist to @GoldmanSachs large portfolio of BBB or less bonds, I googled & low & behold …
"Goldman… https://t.co/FnBM8dhgyA
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys via daily shot newsletter from