Updated Thursday, April 17, 2014 as of 6:33 AM ET
Portfolio - Fixed Income
BlackRock's Hayes Plays Defense With Munis for 2013
by: James Ramage
Tuesday, January 29, 2013

Still, BlackRock isnít telling investors to get out of high yield. But investors must compare how much high-yield exposure each has in his overall portfolio to his risk profile to see if he is overweight what he normally would be, Hayes said.

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