Beyond Cash: The Case For Short-Term Bonds

Papers with title short term bonds.

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By Ronald Stahl, CFA, Gregory Liechty and Balaji Venkataraman

Geopolitical tensions and renewed inflation risk have unsettled fixed-income markets, pushing Treasury yields near their highest levels since mid-2025. The Federal Reserve (Fed), which held rates steady at 3.5%–3.75% at its

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