The following post was written by Ben Carlson at A Wealth of Common Sense.
As interest rates have spiked higher since early May, many income producing investments have been hit hard. Higher interest rates act as competition for yield hungry investors. This is one of the main reasons why high yielding investments have sold off since the rise in rates began a few months ago.
The 10 year treasury yield has increased by almost 1.3% since the lows of May. In that time, high yielding investments such ...
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