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Fixed income is still a mystery to many investors

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A survey shows many Americans admit to having little knowledge about various fixed-income securities and how to invest in them.

The top-line takeaway from a BNY Mellon Investment Management national survey on fixed-income investing was stunning: A measly 8% of Americans were able to accurately define fixed-income investments.

The 29-question online survey of just more than 2,000 adults, conducted in July, clearly shows that

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