Watch Out For Falling Bond Prices
April 27, 2018
The Federal Reserve recently voted to raise the benchmark fed-funds target rate by a quarter percent, to a range of 1.5% to 1.75%. They also indicated rates would probably be raised two to three times this year and three times next year. This is bad news for bond prices. Why? Imagine you own a $1,000 … More Watch Out For Falling Bond Prices
