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… But for investors looking to retire in the next decade, high bond stakes still could be cause for worry. Many corporate and U.S. government bonds are sitting near record-high prices -- and inflation and rising interest rates could derail the recent rally, say some advisers and strategists.

"I think we're in a multiyear bear market for bonds," says David Kudla, CEO and chief investment strategist of Mainstay Capital Management, which has more than $1 billion in assets. …


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