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Low rates have risk-averse investors on hunt for income 

November 24, 2015

Andrew Osterland, CNBC.com

It's not called financial repression for nothing. The Federal Reserve's ultra-low interest-rate policy since the financial crisis may have lent support to a listless economy and made the government's massive debt a lot easier to finance, but it's been more than hard on retirees and conservative savers.

For risk-averse investors relying on income from their portfolios, it's been a yield drought, as certified financial planner Barry Glassman puts it. And it's going to continue.

"Yields are likely to stay lower for longer than people expect," said Glassman, founder and president of Glassman Wealth Services. "It's happening on the backs of retirees and conservative investors." Read more

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