krisanapong detraphiphat | Moment | Getty ImagesBottom-scraping interest rates in 2020 were a major factor fueling a stock market that, after plummeting in March from the pandemic, rallied to post a banner year.Low interest rates also vexed investors seeking yield from bonds purchased to diversify portfolios and reduce risk. But while bond yields likely will remain paltry in 2021, much higher yields are available from alternative fixed-income investments that individual investors typically overlook.Many market sectors are poised to continue growth spurred by the Fed’s rate cut last spring — a move whose effectiveness shouldn’t have been surprising, given its history of success. Along …
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