Healthcare ETFs can Work Even When Interest Rates Rise
June 30, 2015 at 12:00 PM EDT
S&P 500 healthcare stocks barely topped the benchmark index during the last Federal Reserve rate tightening cycle in 2004 through 2006, but 10-year Treasury yields are up 7.42% this year and nine of the top 10 non-leveraged sector ETFs are healthcare funds. Rising 10-year yields have not...