Why Interest Rates Could Go Up as These Enormous Bond Buyers Get Out of the Pool – CNBC

Many pension funds, after diving in big time, may be ready to get out of the pool temporarily — or at least slow fixed income investments as summer moves into fall. That’s because when the tax law changed last year, many companies were given until mid-September to deduct their pension contributions at last year’s tax rate instead of the new 21 percent rate.