News Article | May 28, 2019 |
Income investing is supposed to be like watching a predictable movie that you’ve seen a dozen times before. But lately, it has been full of plot twists. Over the past few years, most income investors settled back with their popcorn for a long period of rising interest rates, believing the Federal Reserve would slowly but surely hike rates back to more normal levels. For bond investors, that would mean some temporary pain—when rates rise, bond prices fall—but it would also bring the welcome relief of higher yields.
Chief Investment Officer, Terri Spath, provides insight into where retirees should be looking for investment income.