Lowering the federal funds rate, its traditional weapon, tends to make the most impact on short-duration debt.

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So how about a very short-duration policy with a low daily benefit?

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The average baby boomer was likely to have held 11 jobs over the course of his or her career, including "large numbers of short-duration jobs even at middle age, " said the Bureau of Labor Statistics in 2010.

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High-yield short duration bonds and senior bank loans (also known as leveraged loans) are both attractive for excess liquidity in the current low-yield environment.

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Difference in leverage, borrowings (short duration vs. long duration), asset holdings (adjustable mortgages vs. long-term mortgages), and hedging strategies are the main differences among the Agency Mortgage REITs, who number less than a dozen names.

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My bond recommendations in 2012 ranged from high-yield to pipelines, refineries, autos and bond funds, all short duration.

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Their killing and the exchange of gunfire that led to the shooter's death occurred in "a relatively short duration of time, " added Petucci, and physically all within a 1.5-mile radius.

CNN: 4 dead, including shooter, in central Pennsylvania