I’m James Cloonan, Chairman and Founder of AAII.
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While much conversation has focused on the timing of the first interest rate hike, there has been considerably less discussion about what investors should do with their bond holdings. Even in the face of an uncertain outlook for interest rates, bonds can play a role as a diversifying agent and a source of portfolio income. The $64,000 question is: What fixed-income strategy makes sense right now?