Get Out of Long Bonds: Top Manager
From cnbc.com
Interest rates pose the single biggest risk to the bond market, and one fund manager said that if the Federal Reservebegins to unwind its position in the market, long bonds will be hardest hit. "There's an asymmetric risk to the long part of the yield curve," said David Albrycht, Senior Portfolio Manager at Virtus Investment Partners. As a result, he suggests that investors focus on short-term bonds, diversifying across sectors and regions. Interest rates pose the single biggest risk to the bond market, and one fund manager said that if the Federal Reservebegins to unwind its position in the market, long bonds will ...
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