With Rates on the Rise, Bond Proxy Stocks Turn Into Problem Children

Bloomberg With Rates on the Rise, Bond Proxy Stocks Turn Into Problem Children Bloomberg In the years of rock-bottom interest rates, investors piled into a class of stock coveted for its consistent payouts. Now, as the Federal Reserve looks certain to raise rates at least three times this year, the group is trotted out as Exhibit A for why ... and more »...(read more)

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