They will miss the comfortable refuge from default risk, the wealth of noncallable issues, the exemption from state income tax and the dependable benchmark that corporate bond issuers use to price their securities.

FORBES: Treasurys, The Endangered Species

By way of example, the heavy issuance over the past several years of U.S. Government debt has increased the concentration of government-related securities in the Barclays Aggregate index, the customary benchmark for taxable fixed income mandates.

FORBES: With Bond Yields So Low, Why Should You Pay More For Active Management?

Ironically, the turning-point came earlier this year, when it was suggested that, as the supply of Treasury bonds dwindles thanks to the federal government's surplus, mortgage-agency debt could replace them as the benchmark used for pricing other fixed-income securities.

ECONOMIST: Homesick blues

Unlike other market data vendors in the fixed income market who aggregate prices supplied by large dealers, Benchmark Solution uses proprietary technology to analyze millions of market inputs and generate prices which are updated every 10 seconds to provide pre-trade pricing intelligence.

FORBES: Delivering Transparency To Fixed Income Markets

Jim Toffey, the CEO at Benchmark Solutions, founded Tradeweb, a request for quote market for fixed income in 1997.

FORBES: Delivering Transparency To Fixed Income Markets

He founded Benchmark Solutions in 2009 to provide a similar level of price transparency in the fixed income and derivatives markets as is available in the equities markets.

FORBES: Delivering Transparency To Fixed Income Markets