Thu, 17 Dec 2015
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The Fed's plan to gradually raise rates in the coming years won't derail the economy and brings some certainty to the market, says Morningstar's Bob Johnson.
BlackRock's Rick Rieder says the Fed will still try to raise rates, and investors should diversify their fixed-income exposure and be thoughtful about where interest - rate risk is held.
We're limiting exposure to the front end of the interest rate curve in the U.S. and U.K., and shifting money to emerging-markets debt ahead of monetary easing in those regions, says BlackRock fixed-income CIO Rick Rieder.
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