Convert to Convertibles to Guard Against Rising Rates
July 17, 2013 at 09:00 AM EDT
Yields on 10-year U.S. Treasurys have declined over the past few days, but the prior spike in those yields and the ensuing carnage on the bond market is still fresh on many investors’ minds. Long duration bonds and emerging markets sovereigns were predictably stung by the jump in 10-year yields....