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"Duration is like Tabasco sauce, you don't need a lot of it to have it have an effect."

Anthony van Daalen, senior v.p. and head of $1.25 billion in taxable fixed income at Wright Investors Service, on its recent move to trim duration.

"Duration is like Tabasco sauce, you don't need a lot of it to have it have an effect." -- Anthony van Daalen, senior v.p. and head of $1.25 billion in taxable fixed income at Wright Investors Service, on its recent move to trim duration.

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