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A surge in bond yields shook markets up this week increasing volatility and pushing stock and bond prices down. The normally 'safe' investment into bonds (F-fund) was down simultaneously with more risky investments like stocks (C, S, and I-Fund). Well then where are people putting their cash? The answer isn't obvious and the answer may just include more cash holdings. This could be the case as a change in market character has investors reevaluating the best place for their money.
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