Rising Rates: Time to Position, Not Panic
In our view, it will likely take several years for rates to rise back to "normal" levels. We think this is a good time for investors to re-fit their bond portfolios to be less sensitive to US rates. There are several ways investors can do this.
AllianceBernstein's Doug Peebles, Fixed Income CIO, discusses active-management opportunities in a rising-rate environment in an interview on The Street.