Bond Risk Rising with Rates

The Federal Reserve is raising interest rates. The current Fed Funds rate is 0.88%, up from zero in December 2015. By the end of 2018, the FOMC projection is for the Fed Funds rate to be 2.13%. The market expectation is 1.75%. In either case, the Fed Funds rate may more than double in the next couple of years and show at least a 1% increase.Delta Wealth Adviser20170407

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