You are a securities salesperson. Many of your clients are elderly people who want very secure investments. They remember the days when interest rates were very stable and bond prices hardly fluctuated at all regardless of their terms. You’ve had a hard time convincing some of them that bonds, especially those with longer terms, can be risky during times when interest rates move rapidly. Use your library research skills to locate an article that discusses liquidity risk during retirement, appropriate investments for the elderly, or the volatility of bonds, or some combination of these topics. Post a summary of your article in our discussion forum with the proper citation and try not to duplicate another student’s article.
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