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Until rates go higher ...

Friday, 8 Aug 2014 | 4:17 PM ET

David Seaburg, Cowen & Company, discusses record outflows in U.S. high yield funds, and who should be buying stocks right now. Chris Whalen, Kroll Bond Rating Agency; Marc LoPresti, LoPresti Law Group; and CNBC's Sara Eisen, discuss how to play Fed action.