Duration Hedging and Rising Rates
November 09, 2015 at 10:55 AM EST
After what seems like forever, we may finally be seeing the first Federal Reserve rate hike coming our way. Since the depths of the Recession, the Federal Reserve has left benchmark interest rates at near zero in an effort to stimulate the economy. While you can debate the effectiveness of those policies till you’re blue in the face, the consequences for many investors — especially income investors — has meant stretching to find additional yield.