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Debt-hungry pensions seen having fewer bonds under tax bill

Corporate pension funds like bonds as a way of minimizing volatility, but companies might not have to issue as many bonds under the tax bill.

By Katherine Chiglinsky and Claire Boston, Brandon Kochkodin, Bloomberg | Updated on December 18, 2017
Corporate pension funds like bonds as a way of minimizing volatility, but companies might not have to issue as many bonds under the tax bill. (Photo: Shutterstock)

(Bloomberg) – The tax overhaul may cause a snag for debt-hungry pension funds.

Now being refined by the House and Senate, the legislation will likely encourage companies to bring earnings that have been parked overseas back to the U.S.

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