On the plus side, however, callable bonds are in some ways among the safest assets by virtue of being in limbo.

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Are there any other callable bonds whose businesses are cruising along?

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They'll float tons of callable and noncallable bonds.

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UBS, says that three-year callable step-up bonds and capital-protected equity funds are currently in vogue.

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Given the high price and lower yield, many of these bonds are becoming callable at prices below their current levels.

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Like bonds, preferred stocks are often callable after a certain date.

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Most investors buy plain-vanilla bonds, and often the biggest wrinkle is that they are callable.

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Buy the B-rated Hertz Corp. 7.50% Bonds Due Oct. 15, 2018 (Cusip: 428040CD9) Callable Oct. 15, 2014 at 103.75 .

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