Many financial advisers are facing tough conversations with their customers about declining bonds, which saw the worst two-month period in a decade in May and June. "Anybody that has those long-term bonds is going to have a little bit of shock, down 10%, down 15%," said adviser Greg Ghodsi of Raymond James Financial. "We have to slowly prepare clients for that volatility in the marketplace that's going to happen if interest rates go higher."

Full Story:

Related Summaries