Going Up? Where to Find Returns If Rates Begin to Rise
With corporate bond and U.S. Treasury rates near 100-year lows after a 30-year steady decline, investors everywhere are pondering the consequences if interest rates begin to rise. Credit expansion helped fuel much of the economic growth of recent decades, and many investors recognize they have come to rely on investments linked to favorable rate conditions. But what if conditions change? We’ll examine history for guidance, plus take a closer look at possible sources of return through the prism of multi-asset class trend following given its ability to objectively invest long and short across multiple asset classes.