Consider Bond Laddering to Mitigate Rate Risk
June 16, 2022 at 12:52 PM EDT
U.S. Treasury yields rose yet again on Thursday after the Federal Reserve announced its largest rate hike since 1994. Following the Fed raising interest rates by 0.75%, the yield on the 10-year Treasury note went up 5.7 basis points to 3.439%. Prior to the Fed’s announcement, bonds dropped sharply...