Fearful of Rising Interest Rates? Try this!

This Vanguard whitepaper discusses the use of global bonds in a rising-rate environment. “Although investors cannot control when and by how much their domestic interest rates may rise, they can help mitigate the associated risk by more broadly diversifying their fixed income holdings. Christopher B. Philips and Charles J. Thomas show that during periods of rising interest rates over the last three decades, global diversification could have improved the outcome for local bond investors.”. Read the full article >>