Why the Worst Is Over for Mortgage-Backed Securities, Maybe

MBS, which got flattened in March, are on the mend, but some warning signs linger. Like, what if the recession caves the housing market?

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Lower the Pension Plan Benchmark? Well, Not So Easy

A lot of assumed return rates are unrealistically high. But lowering them can turn a retirement program into a political buzzsaw. Some plans just say no to that idea.

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