Federal Reserve chairman Jerome Powell speaks following the Federal Open Market Committee meeting in Washington on March 21. Moves by the Fed and other major central banks to raise interest rates after a long period of keeping them low should not be disruptive to the global economy, Powell said. Photo: AP

Why the Fed’s predictable interest rate rises make high-yield bonds and even equities look attractive

Tai Hui says a modest rate increase every quarter should not rattle markets, but it will prompt a look beyond safer fixed-income options

Topic |   Federal Reserve

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Federal Reserve chairman Jerome Powell speaks following the Federal Open Market Committee meeting in Washington on March 21. Moves by the Fed and other major central banks to raise interest rates after a long period of keeping them low should not be disruptive to the global economy, Powell said. Photo: AP
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