What to expect from stocks and bonds if interest rates remain higher for longer, according to investing pros
Higher interest rates are typically viewed as dicey for stocks but also mean you can earn more on your fixed income investments.
Higher interest rates are typically viewed as dicey for stocks but also mean you can earn more on your fixed income investments.
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Higher interest rates are typically viewed as dicey for stocks but also mean you can earn more on your fixed income investments.
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Traders were pricing in a better than 92% probability of a rate increase, as well as a more than 75% chance for another one in December.
The Federal Reserve is widely expected to raise its benchmark interest rate by a quarter percentage point at its September meeting.
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While higher oil is cited as a main reason for the change in view, roughly three-quarters of respondents see the inflation problem as broader than just energy prices.