In the Margins
Contrary to headlines warning that rising interest rates should lead to the selloff of bond funds, Jeff Klingelhofer and Christian Hoffmann, co-managers of Thornburg Strategic Income Fund, argue that rising interest rates are good for bond investors. This is especially true, they said, when a fund manager employs an active style that “can get into the weeds” and identify attractive income-producing securities. Read the original story from MarketWatch.
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