Best ETF Buys When Interest Rates Rise, Bonds Fall
Rock-bottom interest rates are a blast for borrowers, a sore for savers and an oncoming injury for investors. Yields are historically low and thus have more room to rise than fall. If yields rise, bond prices fall. The market faces "an impending rise in interest rates" as the economy improves and inflation heats up in 2014, says Jason Schenker, president of Austin-based Prestige Economics. He has recommended clients dump fixed-income assets in
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