Retired Investors Don’t Buy Bonds Until?
Wade D. Pfau
The primary attractions supporting investing in bonds or other fixed income instruments have traditionally been high income and safety. People invest their principal in bonds and receive a stated interest rate (coupon) over the life of the bond and are given the promise of having their principal returned at maturity.
Carnevale, Chuck, "Retired Investors Don’t Buy Bonds Until?" (2015). In the News. 377.