A while back, Federal Reserve Governor Kevin Warsh cautioned that people should get out of bonds and into stocks or prepare to get rolled over when interest hikes kick in, writes Peter Atwater for Minyanville.
Bond investors should be ready to act when interest rates rise, though this doesn’t seem like anything that’s imminent. Short-term bond funds won’t be as hard hit when it happens.
For more information on the bond market, visit our bond category.
Max Chen contributed to this article.