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Do rising rates hit returns on income investments?

Analysis confirms that income levels are generally less sensitive to changes in interest rates than overall returns.

OUR research, which looks at episodes of rising rates since 1970, suggests income-producing assets don't perform as investors might expect.

Many will remember to their cost the infamous "taper tantrum" in June 2013. It was the moment Ben Bernanke, then chairman of the US Federal Reserve,...

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