A “No-Brainer” Buy for a 6.9% Yield and Double-Digit Upside

It’s as close to a sure thing as you can get: interest rates are headed higher. The futures market tells the tale. Right now, it pegs the odds of a hike at the Federal Reserve’s December 14 meeting at near 100%: Everyone Agrees: Rates to Rise What’s more, futures markets expect interest rates to go up again in 2017. So if you invest in bonds in a market like this, you need to consider how you can protect yourself from higher rates. I’ll show you a one-buy option that will do just that—and hand you a nice 6.9% yield in the process—in just a moment. First, let’s look at how the ground is shifting under bond investors’ feet. ... Read more