Pension World Reels From 'Financial Vandalism' of Falling Yields
Traders work on the floor of the New York Stock Exchange in New York, U.S. (Photographer: Michael Nagle/Bloomberg)

Pension World Reels From 'Financial Vandalism' of Falling Yields

(Bloomberg) -- A once-unthinkable collapse in global bond yields is forcing pension funds to buy bonds that offer negative returns -- putting the financial security of future retirees in jeopardy.
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