Convertible securities, which were bashed in 2008 in part from forced selling by leveraged hedge funds, offer a nice combination of yield and equity kickers.

可转换债券，由于在2008年被杠杆对冲基金被迫抛售而大幅下跌，提供了一个很好的收益率组合和准股票权益。

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All Treasury bonds that mature before 2016 offer a yield of less than 1% a year; even the ten-year bond pays less than 2%.

所有国债在2016年到期前每年提供1%不到的收益率，即使是长达十年的国债，收益率也不到2%。

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As a result, when there is risk of deflation, the older bond has to offer a higher yield to compete with a newer one.

因此，当面临通货紧缩危险时，为同新债券竞争，旧债券不得不提供更高的回报。

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Utilities were the worst-performing sector again Friday, while consumer staples, health care and financials, areas that offer yield but have not been bid up solely for their dividends, were in the best shape.

FORBES: After Rally Pauses, Bulls And Bears Ready For Next Round

It is now hard to offer a yield that, after fees, looks attractive to retail investors.

ECONOMIST: Bond-fund managers face a dilemma

This development is important for investors as REITs invest in real estate, get special tax considerations and offer high yield.

FORBES: Summary