Mike MacBain: Interest rate risk can't get much higher

Mike MacBain, CIO and co-founder of East Coast Fund Management, Inc., and portfolio manager for Arrow Capital's Exemplar Investment Grade Fund discusses the current bond market climate, that investors are over-exposed to the interest rate risk in conventional government and corporate bonds, and where he's finding opportunities for return. He also adds that "investors expecting 10-12% returns from bonds, are way out over their skis."

interest rate risk

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