The way to think about it is that investors reached for yield at a time when stocks were in trouble, and indeed, rates went lower. (alephblog.com)
Having said this, nearly everyone who comes to me is trying to squeeze income out of low - yielding instruments or reaching for yield by taking a big risk. (oldprof.typepad.com)
To professionals: don't reach for yield now; long - run, you are not getting paid for the risks. (alephblog.com)