7/17/2013

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."

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