Rising Yields Imperil Bond Values
Mike Switzer interviews Roy Janse, a certified financial planner and managing partner at Goldfinch Wealth Management in Greenville, SC.
For many investors, bonds have always been an important part of their investment portfolio. This year bond yields have risen as the hopes of an economic rebound increase and the Federal Reserve raises its target for inflation. But as these rising yields make bonds more attractive to new investors, they can have negative consequences for those currently invested in the fixed-rate market and as such could also affect one’s financial goals.