Five Ways Not To Get Killed When Rates Rise |
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November 09, 2015 |
November 2015 Bond Updates
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Stock market investors can bet their portfolios that the Federal Reserve will lift short-term interest rates at its December meeting thanks to the strong employment report Friday. As of Friday, the CME Group FedWatch tool shows the futures market sees a 70% likelihood of a 0.5% interest rate increase at the mid-December meeting. That’s a big spike from the 58% probability reading the day before and a massive jump from the 5% chance seen a month ago. Bill Gross -- PIMCO’s former bond king who’s now at Janus Capital -- told Bloomberg TV Friday there’s a 100% chance of a rate hike at the December meeting.
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View more at: http://www.forbes.com/sites/trangho/2015/11/07/five-ways-not-to-get-killed-when-rates-rise/
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