BlackRock: Higher Rates on the Horizon? Three Implications
March 25, 2014 at 06:00 AM EDT
While the Federal Reserve (Fed)’s announcement last week of further tapering was widely expected, investors were temporarily taken aback – at least for a day – by the prospect of an earlier-than-expected rate hike. New Fed Chair Janet Yellen’s comment that the Fed could hike short-term rates...