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"Numerically, volatility is very low, but by how my stomach feels, it's very high."

--John Cerra, managing director at TIAA-CREF, on topical issues of concern to fixed-income investors, such as the U.S. presidential election and fears of terrorism.

"Numerically, volatility is very low, but by how my stomach feels, it's very high."--John Cerra, managing director at TIAA-CREF, on topical issues of concern to fixed-income investors, such as the U.S. presidential election and fears of terrorism.

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