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What Rising Rates Mean for Retirees

Christine Benz explains what rising rates may mean for everything from cash to bonds to stocks.

Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. With the yield on the 10-year Treasury exceeding 3% again, many retirees might wonder what it means for them and their portfolios. I'm here today with Christine Benz, she is our director of personal finance, for her take.

Christine, thanks for joining me.