FYI: As the director of research for Buckingham Strategic Wealth and The BAM Alliance, one of the most-asked questions I’ve been getting lately involves bond portfolios and the impact of rising interest rates.
It’s not as if investors didn’t already have enough to worry about with U.S. equity valuations at historically very high levels (the CAPE 10 ratio is above 34 as I write this), a dysfunctional Congress (that led to a brief government shutdown) and plenty of geopolitical risks (such as North Korea and the Middle East). Now investors have to worry about rising interest rates, and the impact they could have on their bond holdings.
Regards,
Ted
http://www.etf.com/sections/index-investor-corner/swedroe-rising-rates-increase-worries?nopaging=1
