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.