Some of the funds popular with investment advisors are heading for a period of underperformance as interest

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Some of the funds popular with investment advisors are heading for a period of underperformance as interest rates rise. What does the news clip mean by “underperformance”? Why might it be smart to avoid some bonds if interest rates are about to rise? 

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Macroeconomics

ISBN: 978-0134853307

10th Edition

Authors: Michael Parkin

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