This is One of the Riskiest Times Ever for Bond Investors, Says Fund Manager
Bonds investors need to be aware of just how risky their 'safe' investments might be, according to one fund manager.
Bond investing is more dangerous now than ever, according to one fund manager. Rising rates pose market dislocations and a threat to fixed income investors, says Stewart Taylor, a vice president and portfolio manager at Eaton Vance. He equates the current environment to 'picking up nickels in front of a steamroller.' He favors laddering bond investments as a way to protect capital. Taylor spoke with TheStreet's Rhonda Schaffler at Camp Kotok, an annual retreat of economists and money managers held in Grande Lake Stream, Maine.
